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SiTime Stock Jumps 28% as AI Data-Center Demand Almost Doubles Sales
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SiTime Stock Jumps 28% as AI Data-Center Demand Almost Doubles Sales
SiTime shares jumped 27.9% to $797.31 after first-quarter revenue rose 88% to $113.6 million, driven by AI data-center demand. The company raised its 2026 revenue growth outlook to at least 80% and forecast June-quarter revenue of $140–$150 million. Its CED unit posted $75.7 million in revenue, up 158% from a year earlier. SiTime still reported a GAAP net loss of $5.2 million for the quarter. The post SiTime Stock Jumps 28% as AI Data-Center Dem…
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