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Save your seatSITM ran from roughly $340 in early February to a 52 week high of $901.81, then faded back to $711 as traders digested a Q4 earnings beat, a big Renesas timing business deal, and fresh financing tied to that acquisition.
A failure to hold $680 could see a retrace toward the $600 to $625 range. More selling could hit if acquisition integration risk grows or traders focus on dilution from the 3.57 million share stock component and the $1.2 billion convert raise.
If SITM holds the $680 to $700 area on volume, a move back toward $800 to $900 is on the table as AI data center demand stays strong and the Renesas timing acquisition keeps progressing. Resistance near $750 is the first hurdle.
We don't currently have information about SiTime Corporation's earnings.