SiTime is trading at $392.50, up +10.56%, amid a broader semiconductor relief rally; U.S. chip stocks rebounded pre-market as investors reassessed AI-infrastructure concerns.
- Seaport Global upgraded SiTime to Buy from Neutral on November 6, citing an overdone selloff and a buying opportunity.
- SiTime’s November 4 report showed $298.7 million in Q3 revenue, up 257% year over year, and announced a three-for-one stock split.