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Renesas Electronics Co. (OTCMKTS:RNECY - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 93,584 shares, a drop of 39.0% from the March 15th total of 153,403 shares. Based on an average trading volume of 1,011,131 shares,

SiTime Corporation (SITM) is at an inflection point after a $1.5B acquisition of Renesas' timing business, transforming its risk and growth profile. Organic revenue growth and margin expansion are exceptional, but the new debt, dilution, and integration risk from the acquisition complicate the investment case. At $345, SITM is neither obviously cheap nor expensive; the Hold rating reflects a balanced risk/reward…

TOKYO--(BUSINESS WIRE)-- #Artemis--Renesas' rad-hard ICs are being used in NASA's Artemis II mission, which successfully launched from the Kennedy Space Center in Florida on April 1.

TOKYO & SAN ANTONIO--(BUSINESS WIRE)-- #GaN--Renesas introduced the industry's first bidirectional switch using depletion-mode (d-mode) GaN technology.

TOKYO--(BUSINESS WIRE)-- #GaN--Renesas expanded its suite of AC/DC and power adapter solutions with a new GaN-based Half-Wave LLC (HWLLC) platform that supports 500W operation.