SiTime Stock Jumps 28% as AI Data-Center Demand Almost Doubles Sales
Shares of SiTime Corporation skyrocketed Thursday, with the Santa Clara chipmaker posting a big first-quarter revenue gain and boosting its full-year forecast. That was enough to catapult this niche timing component supplier into the top ranks among AI infrastructure stocks for the session. The stock finished up 27.9% at $797.31, logging a fresh intraday record, according to Investor’s Business Daily.