Apple’s Use of SiTime in iPhone 16e Fuels Stock Rally for Chipmaker
(Bloomberg) -- 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 20% on Wednesday.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-Year LowRemembering the Landscape Architect Who Embraced the CityA device