SiTime Rises as Strong Earnings, Guidance, and Renesas Deal Support Shares
SiTime (SITM) shares rose 5.6% due to continued investor reaction to strong Q2 2026 results, an upbeat near-term outlook, and the recent acquisition of Renesas' timing business. The company reported a 127% year-over-year revenue increase to $157.4 million and projected Q3 revenue between $285 …