Why SiTime Stock Blasted Almost 27% Higher on Thursday

Shares of silicon timing components specialist SiTime (NASDAQ: SITM) raced to a double-digit gain on Thursday. Investors were reacting to an impressive second-quarter earnings report published by the company after market close the previous day. Its stock closed the day nearly 27% higher.SiTime earned net revenue of $157.4 million, more than double the $69.5 million it posted in the same quarter of 2025. This was led by the white-hot communications, enterprise, and data center end market, currently in the midst of feverish build-outs of artificial intelligence (AI) capacity; this segment's revenue grew by 181%. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool