SiTime Corporation (SITM)

SiTime introduces chip aimed at saving power in AI data centers

SiTime on Wednesday introduced a chip that it says is designed to help data centers built for artificial intelligence applications run more efficiently. SiTime makes what are known as timing chips, whose job is set a steady beat for all the parts of a computer and keep them running together in sync, like a conductor in an orchestra directing multiple groups of instruments. The company says its new line of chips, called Chorus, can do so with 10 times more precision than older styles of timing chips.