STOCK TITAN

SiTime Corporation - SITM STOCK NEWS

Welcome to our dedicated page for SiTime Corporation news (Ticker: SITM), a resource for investors and traders seeking the latest updates and insights on SiTime Corporation stock.

SiTime Corporation (NASDAQ: SITM) is a trailblazer in the domain of silicon-based timing solutions. As the leader in MEMS-based timing, SiTime is fundamentally shifting the timing industry by offering configurable solutions that replace traditional quartz devices. The company's offerings enable customers to enhance their products with the highest performance, smallest size, lowest power consumption, and best reliability in the market.

SiTime's extensive product lineup includes Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. These products are designed to serve a variety of industries such as automotive, infrastructure, aerospace-defense, consumer electronics, Internet of Things (IoT), and industrials.

With a commanding 90% market share and over 1 billion devices shipped, SiTime's solutions allow customers to streamline their supply chains, thereby lowering costs and accelerating time-to-market. Utilizing standard semiconductor processes and high-volume packaging, SiTime ensures the highest availability and shortest lead times in the industry.

SiTime's influence extends globally, with significant market presence in Taiwan, Hong Kong, the United States, and other regions. The majority of its revenue is generated from Taiwan, highlighting the company’s strong foothold in the international market.

Founded as a wholly-owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), SiTime continues to innovate and set new standards in silicon-based timing. Recent achievements and ongoing projects underscore SiTime's commitment to driving the electronics industry towards a future dominated by silicon-based timing solutions.

Investors and stakeholders can stay updated on the company’s progress through regular conference calls and press releases. To participate in the upcoming events or to get in touch with SiTime's Investor Relations team, please refer to the latest updates provided.

Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.68%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
-
Rhea-AI Summary
SpotSee has formed its inaugural Life Science Advisory Council, consisting of globally recognized experts. The council will contribute to the company's product development, regulatory, and business strategies in the life science sector. The three board members bring extensive industry knowledge and experience to SpotSee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.07%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.49%
Tags
conferences
-
Rhea-AI Summary
SiTime Corporation reports a 37.0% decrease in net revenue for Q1 2023 compared to Q4 2022. GAAP net loss was $16.5 million. Non-GAAP net income was $2.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.69%
Tags
-
Rhea-AI Summary

SiTime Corporation (NASDAQ: SITM) has launched a new family of automotive oscillators, the SiT1623 and SiT1625, addressing a $100M market for advanced driver assistance systems (ADAS) and automotive connectivity. These oscillators comply with AEC-Q100 standards and are designed for extreme conditions, enhancing vehicle safety and performance. Anticipated trends highlight a growth in automotive electronic components, projected to exceed $450 billion by 2030. SiTime's technology is expected to dominate, with automotive timing chips forecasted to increase from 60 in current vehicles to 100 by 2026. The devices feature low power consumption, high stability, and excellent jitter performance, catering to the needs of leading electric vehicle manufacturers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
none
Rhea-AI Summary

SiTime Corporation (NASDAQ: SITM) announced a collaboration with Lattice Semiconductor to provide precision timing solutions for low-power programmable FPGA innovations. The partnership focuses on enhancing secure IEEE 1588 synchronization to accelerate 5G fronthaul deployment. SiTime's devices, including the Cascade MEMS-based Clock-System-on-a-Chip and the Elite X Super-TCXO, will be integrated into Lattice’s synchronization hardware development platform. Key features of the Cascade SiT95141 include a wide frequency range (8 kHz to 2.1 GHz), numerous programmable features, and robust support for various protocols. This collaboration aims to deliver lower latency and higher performance solutions while addressing environmental challenges in deployment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.13%
Tags
none
-
Rhea-AI Summary

SiTime Corporation (Nasdaq: SITM) will announce its first quarter 2023 financial results on May 3, 2023, after market close. The CEO, Rajesh Vashist, and CFO, Art Chadwick, will host a conference call at 2:00 p.m. PT to discuss the results. Investors can join the call via a live webcast or dial-in registration, which requires prior registration to obtain a dial-in number. SiTime is recognized for its programmable solutions that enhance performance and reliability in timing products, having shipped over 3 billion devices to date. Further details and archived calls will be available on the company’s investor relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.79%
Tags
-
Rhea-AI Summary

SiTime Corporation, a leader in precision timing solutions, announced CFO Art Chadwick will attend two major financial conferences. The first is the Raymond James 44th Annual Institutional Investor Conference in Orlando, FL, on March 7, 2023, at 1:05 p.m. EST. The second is the 35th Annual ROTH Conference in Dana Point, CA, on March 14, 2023, featuring a fireside chat at 1:30 p.m. PST. Registered attendees can request meetings with SiTime management. Known for delivering high-performance timing solutions, SiTime serves diverse sectors such as automotive, industrial, and aerospace.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.35%
Tags
conferences
Rhea-AI Summary

SiTime Corporation (NASDAQ: SITM) has introduced the SiT7910, a 32 kHz MEMS Super-TCXO, enhancing GPS signal acquisition for aerospace and defense applications. Offering up to 25x precision over legacy quartz technology, this product ensures faster, secure GPS locking even in challenging conditions. The company anticipates growing its served addressable market from approximately $2 billion to $4 billion by the end of 2024. Key features include remarkable frequency stability, ultra-low power consumption, and resilience in high-vibration environments. The SiT7910 is currently sampling, with volume production expected in Q2 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
none

FAQ

What is the current stock price of SiTime Corporation (SITM)?

The current stock price of SiTime Corporation (SITM) is $193.58 as of November 15, 2024.

What is the market cap of SiTime Corporation (SITM)?

The market cap of SiTime Corporation (SITM) is approximately 4.6B.

What does SiTime Corporation specialize in?

SiTime Corporation specializes in MEMS-based silicon timing solutions, replacing traditional quartz devices with high-performance, configurable products.

What industries does SiTime Corporation serve?

SiTime serves multiple industries including automotive, infrastructure, aerospace-defense, consumer electronics, IoT, and industrials.

What types of products does SiTime offer?

SiTime offers a range of products including Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators.

How extensive is SiTime's market presence?

SiTime has a global market presence, with significant sales in Taiwan, Hong Kong, the United States, and other regions, generating most of its revenue from Taiwan.

What recent achievements highlight SiTime's performance?

SiTime has a 90% market share in its domain and has shipped over 1 billion devices, showcasing its leadership in the silicon timing industry.

How does SiTime ensure product availability and lead times?

SiTime uses standard semiconductor processes and high-volume packaging to provide the best availability and shortest lead times in the industry.

Who owns SiTime Corporation?

SiTime is a wholly-owned subsidiary of MegaChips Corporation, listed on the Tokyo Stock Exchange (6875).

How can investors stay updated on SiTime's progress?

Investors can stay updated through regular conference calls and press releases. Details for upcoming events are available on SiTime’s official website.

SiTime Corporation

Nasdaq:SITM

SITM Rankings

SITM Stock Data

4.63B
23.36M
19.02%
84.23%
7.08%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
SANTA CLARA