Rajesh Vashist on market growth
From An Update on the Timing Industry: Q&A with SiTime · · TechTechPotato
“We are a highly differentiated product that sells in a highly differentiated performance or supply chain or resilience solution. So in other words, in a $12 billion market, we are not for $6 billion of it. Out of the remaining four, five billion, we are still less than $1 billion. So last year we were 327 million. This year we've guided to something around 40 45% growth, but we're still below.”
On , Rajesh Vashist, Chairman, President & Chief Executive Officer at SITIME CORP, spoke about market growth during An Update on the Timing Industry: Q&A with SiTime on TechTechPotato.
About Rajesh Vashist
Rajesh Vashist, CEO of SiTime, appeared on CNBC on May 12, 2026, to discuss the company's recent earnings and its role in the AI ecosystem. He described SiTime as "the heartbeat of all electronics," providing precision timing components such as oscillators, clocks, and resonators. Vashist stated that the company's AI and data center business has seen "triple-digit growth for now eight successive quarters" and that overall company growth is guided to 80%, up from 60% the previous year. He contrasted the current AI-driven market with the dot-com bubble, saying "this one feels very very different" because it is "based on revenue" and "profitability." In a separate interview on April 1, 2026, Vashist discussed the timing industry and SiTime's competitive position. He noted that SiTime has invested "close to $800 million in R&D" and described the company as a "category creator" in precision timing. Vashist said the timing market is an "11-12 billion market" growing 5-6% annually. He also highlighted the acquisition of Renaissance, stating it provides "500 clocks" and enables a "true system level solution" for customers. Vashist cited a board member's forecast that the semiconductor industry could grow from approximately $750 billion to $1.6 trillion by 2030.