2025-03-06
Bloomberg
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Chipmaker SiTime's shares closed up 19.53% on March 5 after TechInsights' iPhone 16e teardown revealed that Apple used SiTime's timer chips in the smartphone
The appearance of SiTime Corp. components in the new iPhone 16e is fueling a stock rally for the little-known chipmaker, sending the shares up as much as 17% on Wednesday.
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