SiTime is trading 4.19% up at $622 after Nvidia’s August 26, 2026 earnings beat and stronger revenue outlook boosted AI-linked semiconductor sentiment.
- Nvidia reported $96.22 billion in quarterly revenue and projected $108 billion for the next quarter; shares rose about 4% after initially falling.
- The Nasdaq Composite was up 0.70% during the August 27, 2026 session, reinforcing the broader AI trade.
- SiTime’s recent earnings and Renesas timing-business acquisition may provide additional underlying support.