Latest news with #SiTime
Business Wire
3 days ago
- Business
- Business Wire
SiTime Enhances AI Data Center Performance and Utilization with TimeFabric Software Suite
SANTA CLARA, Calif.--(BUSINESS WIRE)-- SiTime Corporation (NASDAQ: SITM), the Precision Timing company, today announced its TimeFabric™ software suite. TimeFabric, combined with SiTime's oscillators and clocks, delivers up to 9X more accurate time synchronization than quartz-based solutions, enabling higher system performance and utilization in AI data centers. The TimeFabric software suite consists of two modules: IEEE 1588 standards-compliant synchronization software, as well as proprietary technology to extend critical holdover performance to 24 hours. 'At SiTime, we help our customers resolve their complex timing problems for the world's most advanced technologies,' said Rajesh Vashist, chairman and CEO of SiTime. 'As the only semiconductor company exclusively focused on Precision Timing, we deliver a comprehensive portfolio of solutions—including our innovative oscillators, clocks, and now, TimeFabric software. By partnering with SiTime, customers can accelerate their time to market, enhance product reliability, and extend product lifecycles. With the introduction of TimeFabric, SiTime further strengthens its role as an indispensable partner, delivering enduring value to our customers and driving our leadership in the timing industry.' In addition to AI data center applications such as smart network interface cards (SmartNIC), switches, routers and accelerators, TimeFabric can also be used in 5G infrastructure, including remote radio units and base stations, fixed wireless access (FWA) equipment and core network equipment. The TimeFabric software suite has two software modules: IEEE 1588 Precision Time Protocol (PTP) Standards-compliant Servo and Stack SiTime's proprietary servo and software stack for IEEE 1588 precision time protocol (PTP) with sub-nanosecond synchronization accuracy delivers tighter control and greater timing stability over generic IEEE 1588 solutions, even in the most demanding network systems. Network architects gain flexibility in network traffic scheduling and load balancing, which will result in higher utilization. Holdover Extension Software TimeFabric's proprietary holdover extension software can be used to enhance the functionality of SiTime's precision devices with in-field software upgrades. The holdover extension software delivers up to 24 hours of holdover, essential to mobile and network infrastructure reliability – a stringent requirement for critical infrastructure. This ensures full operation in the event of GNSS outages or network clock failures. Additional features include: Availability TimeFabric is now available for SiTime OCXOs, TCXOs and network synchronizers. Resources Blog Product page Demo About SiTime SiTime Corporation is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power and better reliability. With more than 3.5 billion devices shipped, SiTime is changing the timing industry. For more information, visit Forward-Looking Statements This press release may contain forward-looking statements regarding future events within the meaning of the federal securities laws. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Readers are cautioned that these forward-looking statements involve risks and uncertainties that could cause our actual results and the timing of events to differ materially from those anticipated in such forward-looking statements, including, but not limited to, any statement that may predict, forecast, indicate, or imply future events results, or achievements; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact our business is set forth in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other documents filed by us from time to time with the Securities and Exchange Commission. All forward-looking statements in this press release are based on information available to us as of the date hereof and qualified in their entirety by this cautionary statement, and we assume no obligation to revise or update these forward-looking statements.
Yahoo
7 days ago
- Business
- Yahoo
SiTime Corporation Announces Pricing of Follow-on Public Offering
SANTA CLARA, Calif., June 26, 2025 (GLOBE NEWSWIRE) -- SiTime Corporation (Nasdaq: SITM), the Precision Timing company, today announced the pricing of its follow-on public offering of 1,750,000 shares of its common stock at a price to the public of $200.00 per share. The gross proceeds of the offering to SiTime, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $350 million, excluding any exercise of the underwriters' option. The offering is expected to close on June 27, 2025, subject to customary closing conditions. SiTime has granted the underwriters a 30-day option to purchase up to 262,500 additional shares of its common stock at the public offering price, less underwriting discounts and commissions. UBS Investment Bank and Stifel are joint lead book-running managers for the offering. Needham & Company and Goldman Sachs & Co. LLC are joint book-running managers for the offering. Raymond James and Roth Capital Partners are co-managers for the offering. A registration statement relating to these securities was filed with the U.S. Securities and Exchange Commission on February 26, 2024, and became effective upon filing. SiTime has also filed a preliminary prospectus supplement for the offering. The offering is being made only by means of a prospectus supplement and accompanying prospectus. Copies of the final prospectus supplement and the accompanying prospectus, when available, may be obtained from: UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, by telephone at (888) 827-7275 or by email at ol-prospectus-request@ or Stifel, Nicolaus & Company, Incorporated, Attention: Prospectus Department, One Montgomery Street, Suite 3700, San Francisco, CA 94104, or by telephone at (415) 364-2720 or by email at syndprospectus@ This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About SiTime SiTime Corporation is the Precision Timing company. Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 3.5 billion devices shipped, SiTime is changing the timing industry. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements relating to SiTime's expectations regarding the public offering. SiTime cautions investors not to place undue reliance on the forward-looking statements contained in this release. These statements are subject to significant risks and uncertainties, and actual results could differ materially from those projected. These risks and uncertainties include, without limitation, risks and uncertainties related to market conditions and that the closing of the offering is subject to the satisfaction of customary closing conditions. Risks and uncertainties relating to SiTime and its business can be found in the 'Risk Factors' section of SiTime's Form 10-Q for the quarter ended March 31, 2025, filed with the SEC on May 8, 2025, and in the preliminary prospectus supplement related to the public offering filed with the SEC on June 24, 2025. SiTime undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in SiTime's expectations, except as required by law. Investor Relations Contacts: Shelton GroupLeanne Sievers | Brett Perrysitm-ir@ SiTime CorporationBeth HoweChief Financial in to access your portfolio
Forbes
23-06-2025
- Science
- Forbes
The Evolution Of Timekeeping: From Sundials To MEMS
Markus Lutz is CTO and Founder of SiTime Corporation. He is a MEMS expert, a prolific entrepreneur and inventor who holds over 100 patents. If there is one thing that modern society has in common with its ancient ancestors, it is the desire to measure time. Whether it's finding common ground between daylight saving time and standard time or tracking the sun's movement, humans have always looked for ways to develop timekeeping methods and track seasons, whether for agricultural reasons or religious celebrations. Scientists refer to this need to measure time as time consciousness, and humans have been chasing this need to track the hours and seasons for more than 5,000 years. One of the earliest signs of timekeeping was discovered in 2013 when researchers found an ancient sundial in Egypt's Valley of the Kings. Over the millennia, the ability to measure time has become increasingly precise, driven by technological and societal advancements that have shaped the rise of civilizations around the world. If sundials revolutionized time measurement in the 1400s BC, quartz brought timekeeping into the 20th century and silicon brought it into the 21st century. The Role Of Precision Time Measurement Modern time measurement is dependent on oscillators, which work as the heartbeat of the clock. The earliest clocks to use mechanical oscillators were pendulum clocks, based on observations recorded by Galileo. The first successful pendulum clock was built in 1657 and improved precision from minutes to mere seconds per day. For the first time, mechanical clocks became more reliable than the astronomical observations that had been used for centuries and generally lost 15 seconds per day. In the 1880s, brothers Pierre and Jacques Curie discovered that quartz crystals can generate a consistent electrical signal when subjected to mechanical stress. It took until 1927 to see the invention of the quartz crystal oscillator and the ability to apply an electric charge to induce precise vibrations at a stable frequency. Quartz crystal resonators harnessed this effect, and the new quartz clock provided a level of consistency far superior to mechanical timekeepers. By the 1970s, quartz technology dominated electronic timekeeping, powering wristwatches, household clocks, computers and telecommunications systems—where precise synchronization was crucial. In the never-ending search for the most accurate and precise time measurement system, researchers began to explore silicon microelectromechanical systems (MEMS) as a replacement for quartz, given how susceptible it can be to environmental stressors, including temperature, vibration and shock. By the early 21st century, silicon MEMS oscillators began being commercialized, building a new foundation of precision timing solutions offered by companies like Microchip, Texas Instruments, Analog Devices and SiTime, where I am the founder and CTO. Advantages Of Silicon MEMS Technology MEMS starts with the word micro, and this offers an advantage over crystal oscillators. In this case, a silicon MEMS can create oscillators the size of small semiconductor chips. The small size means the ability to be used in more applications, creating more timekeeping devices. Silicon is also more customizable and scalable than crystal and is manufactured to meet very specific demands. Silicon MEMS is also more environmentally resistant. As mentioned, quartz oscillators are susceptible to extreme temperature changes and other factors. More locations are now vulnerable to these extreme shifts—40- or 50-degree swings in temperature in a matter of hours are not uncommon. An increasing number of devices that rely on time measurement also rely on infrastructure like cell towers that are impacted by extreme weather. However, it isn't just the outside environment. Because of the energy consumption required by servers, data centers generate a lot of heat that impacts the performance quality of oscillators. The same scenario applies to industrial plants with high-tech machinery that produce excessive heat. At the other extreme, the aerospace and defense industries need to battle temperatures that plunge hundreds of degrees below zero while ensuring that the time measurement systems in airplanes, satellites and rockets remain accurate. Transitioning To New Applications And Innovations AI and edge computing are the buzz in technology right now because they are changing the way we do everything. Both AI and edge computing require precision timing technologies, and silicon-based MEMS clocks and oscillators can play a pivotal role in the synchronization of systems. Quartz-based device oscillators have played an important role in timekeeping for nearly 100 years, but quartz's limitations and inability to remain accurate outside of stable environmental conditions make it a less desirable choice for a variety of electronic systems. It comes down to this one bit of research: Crystal oscillators have a mean time between failure of approximately 30 million hours, while silicon MEMS is reliable for over 500 million hours. This suggests MEMS-based timing solutions can offer longer operational lifespans in some use cases like AI, edge computing and autonomous systems. Advances in technology to support AI and edge computing will likely drive a shift away from quartz timing and begin the era of silicon MEMS and precision timing. Key Considerations When Selecting Precision Timing Devices While silicon MEMS timing solutions bring notable benefits in areas like reliability, size and environmental robustness, quartz technology continues to play an important role in specific use cases. For example, quartz oscillators may offer lower phase noise at certain frequencies and remain a practical choice for maintaining compatibility with legacy systems. Additionally, their established presence in global supply chains can make them a cost-efficient option for high-volume, less performance-intensive applications. As timing technologies evolve, selecting the right solution depends on the unique demands of each design. Choosing the right precision timing components is critical to system performance and reliability. Key factors to evaluate include frequency stability, phase noise, jitter, power consumption, size, temperature tolerance, cost, underlying technology and supplier support. A highly stable frequency ensures consistent accuracy across varying conditions, while low phase noise and jitter are essential for reliable performance and precise data synchronization. Low power consumption is vital for energy efficiency, especially in portable or thermally constrained designs, and compact form factors are preferred for space-limited applications. Finally, selecting a trusted supplier with strong technical support and long-term availability ensures continuity throughout the product lifecycle. By carefully weighing these parameters, designers can choose timing solutions that deliver long-term accuracy, synchronization and operational reliability. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Globe and Mail
13-05-2025
- Business
- Globe and Mail
SiTime: A 7.6 Rating and a Bright Future Ahead?
Explore the exciting world of SiTime (NASDAQ: SITM) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of April 2, 2025. The video was published on May. 12, 2025. Should you invest $1,000 in SiTime right now? Before you buy stock in SiTime, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and SiTime wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $614,911!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $714,958!* Now, it's worth noting Stock Advisor 's total average return is907% — a market-crushing outperformance compared to163%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 12, 2025
Yahoo
11-05-2025
- Business
- Yahoo
Investors bid SiTime (NASDAQ:SITM) up US$621m despite increasing losses YoY, taking five-year CAGR to 50%
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. To wit, the SiTime Corporation (NASDAQ:SITM) share price has soared 658% over five years. And this is just one example of the epic gains achieved by some long term investors. In more good news, the share price has risen 46% in thirty days. This could be related to the recent financial results that were recently released - you could check the most recent data by reading our company report. Anyone who held for that rewarding ride would probably be keen to talk about it. On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Given that SiTime didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. When a company doesn't make profits, we'd generally hope to see good revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. For the last half decade, SiTime can boast revenue growth at a rate of 8.6% per year. That's a pretty good long term growth rate. However, the share price gain of 50% during the period is considerably stronger. We usually like strong growth stocks but it does seem the market already appreciates this one quite well! The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). Take a more thorough look at SiTime's financial health with this free report on its balance sheet. It's nice to see that SiTime shareholders have received a total shareholder return of 54% over the last year. Since the one-year TSR is better than the five-year TSR (the latter coming in at 50% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. To that end, you should learn about the 4 warning signs we've spotted with SiTime (including 1 which makes us a bit uncomfortable) . For those who like to find winning investments this free list of undervalued companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
