Shares of the chipmaker SiTime closed up 19.53% on Wednesday after an iPhone 16e teardown revealed that its timer chips are used in the smartphone (Bloomberg)

Bloomberg: Shares of the chipmaker SiTime closed up 19.53% on Wednesday after an iPhone 16e teardown revealed that its timer chips are used 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.

Mar 6, 2025 - 03:17
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Shares of the chipmaker SiTime closed up 19.53% on Wednesday after an iPhone 16e teardown revealed that its timer chips are used in the smartphone (Bloomberg)

Bloomberg:
Shares of the chipmaker SiTime closed up 19.53% on Wednesday after an iPhone 16e teardown revealed that its timer chips are used 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.