SiTime’s technology could eventually end up in billions of chips from Japan’s Renesas , SiTime’s chief executive said on Thursday.
SiTime’s shares closed up 17.9% on Thursday, the first day of trading after it announced a deal worth up to $3.2 billion to acquire timing assets from Renesas. SiTime said it expects the Renesas assets to generate $300 million in revenue in the first… [1159 chars]
Source: Reuters | Published: 2026-02-06T00:19:26Z
Credit: Reuters
