Street Calls of the Week
SANTA CLARA - SiTime Corporation (NASDAQ:SITM), a $715 million market cap semiconductor company trading near its 52-week high of $44.71, introduced its new Titan Platform on Wednesday, featuring MEMS resonators that are at least four times smaller than the smallest available quartz alternatives.
The Titan resonators, built on SiTime’s sixth-generation FujiMEMS technology, are designed to enable greater miniaturization in wearables, medical devices, and IoT applications. The company’s smallest offering measures just 0.46 x 0.46 mm, which SiTime claims occupies 7 times less PCB area than traditional 1210 quartz resonators.
According to the company’s press release, the new platform expands SiTime’s serviceable addressable market by $400 million immediately, with potential growth to $1 billion annually within three years. The company, which generated $271.86 million in revenue over the last twelve months, maintains strong liquidity with a current ratio of 6.21, according to InvestingPro data.
The Titan resonators can be implemented either as PCB-mounted components or as bare die co-packaged with SoCs or MCUs, potentially eliminating the need for discrete resonators on circuit boards.
"Titan fulfills our vision of being the only provider of complete timing components," said Rajesh Vashist, CEO of SiTime, in the announcement.
Beyond size advantages, SiTime states the new resonators offer up to 50% lower oscillator circuit power, faster startup times, better aging stability, and increased resilience to shock and vibration compared to quartz alternatives.
The first product in the lineup, the SiT11100 (32 MHz), is currently available in production samples. Four additional models with different frequencies are scheduled for engineering samples starting December 15, 2025.
Ambiq founder and CTO Scott Hanson described the new resonators as "a game-changer" for enabling integrated solutions combining ultra-low power processing with precision timing.
The timing components are targeted at applications including smartwatches, medical implantables, biosensors, and industrial IoT devices where space constraints and power efficiency are critical design factors. Want deeper insights into SiTime’s financial health and growth potential? InvestingPro offers exclusive access to 18 additional ProTips and comprehensive financial metrics to help inform your investment decisions.
In other recent news, SiTime Corporation has announced a $350 million common stock offering. The company filed a preliminary prospectus supplement with the SEC, detailing plans for this significant financial move. SiTime also intends to grant underwriters a 30-day option to purchase up to an additional $52.5 million in common stock shares. This offering is contingent on market conditions, with no confirmed timing or final terms yet. These developments are part of SiTime’s broader financial strategy, as outlined in their recent press release. The precision timing company is taking steps to potentially increase its capital through this offering. Investors will be watching closely as the situation unfolds, given the potential impact on the company’s financial standing.
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