Tag

Synopsys

All articles tagged with #synopsys

Synopsys Surges in Q3 2026, Raising Full-Year Revenue and EPS Targets on AI Demand
business2 days ago

Synopsys Surges in Q3 2026, Raising Full-Year Revenue and EPS Targets on AI Demand

Synopsys reported Q3 FY2026 revenue of $2.477 billion (up from $1.74B a year ago), GAAP EPS of $2.84 and non-GAAP EPS of $3.91, driven by broad-based strength across EDA and IP segments and aided by the Ansys acquisition. The company raised its full-year targets to about $9.715 billion in revenue and roughly $15.07 in non-GAAP EPS at the midpoint, reflecting continued AI-driven demand and momentum from Ansys integration, and to host an investor call to discuss results.

Synopsys Sells Processor IP Unit to GlobalFoundries, Refocusing on Core IP
technology7 months ago

Synopsys Sells Processor IP Unit to GlobalFoundries, Refocusing on Core IP

Synopsys has entered a definitive agreement to sell its Processor IP Solutions business to GlobalFoundries, including ARC-V (RISC-V), ARC CPU IP, DSP IP, Neural Network Processing Unit IP, and related tools such as ARC MetaWare Development Toolkits, along with ASIP Designer and ASIP Programmer tools. Synopsys will use the proceeds to sharpen its leadership in interface and foundation IP and pursue AI-driven opportunities from cloud to edge, while GF gains a broader processor IP portfolio and enhanced manufacturing capabilities. The transaction is not material to Synopsys and is expected to close in the second half of 2026, subject to regulatory approvals, with a transition plan in place to support customers during the move.

Wall Street Declines as Markets React to Fed and Crypto Movements
business9 months ago

Wall Street Declines as Markets React to Fed and Crypto Movements

The stock market started December with declines, with the Dow falling over 200 points and major indexes struggling to build on last week's gains. Synopsys surged on a $2 billion investment from Nvidia, though it faced resistance at its 50-day moving average. Gold stocks, like Triple Flag Precious Metals, showed strength, while energy stocks outperformed. Overall, market sentiment remains cautious amid mixed earnings and economic data expectations.

NVIDIA and Synopsys Partner to Transform Engineering and Design
technology9 months ago

NVIDIA and Synopsys Partner to Transform Engineering and Design

NVIDIA and Synopsys have announced a strategic partnership involving a multiyear collaboration and a $2 billion investment by NVIDIA to integrate AI and GPU-accelerated computing into engineering solutions, aiming to revolutionize design, simulation, and verification processes across various industries through digital twins, agentic AI, and cloud solutions.

US Tightens Export Restrictions on China Tech and Aerospace
business1 year ago

US Tightens Export Restrictions on China Tech and Aerospace

The US government has ordered major electronic design automation software companies, including Cadence and Synopsys, to cease supplying their software to Chinese firms, potentially impacting their revenue and Chinese chip design industry. While some companies have not received official notices, the move reflects ongoing US efforts to restrict China's access to advanced semiconductor technology.

"Synopsys Initiates Sale of Software Integrity Business (NASDAQ:SNPS)"
businesstech2 years ago

"Synopsys Initiates Sale of Software Integrity Business (NASDAQ:SNPS)"

U.S. chip designer Synopsys is reportedly initiating the sale of its software integrity business, potentially valued at $3 billion or more, following its recent agreement to acquire engineering software firm Ansys. The company is working with an adviser to assess buyer interest, with private equity firms likely to show interest. While deliberations are ongoing and no certainty exists regarding a transaction, the move aligns with Synopsys' exploration of strategic alternatives for the software integrity business as announced by its CEO in November.

"Synopsys Announces $35 Billion Acquisition of Ansys, Expanding EDA and Simulation Portfolio"
semiconductors2 years ago

"Synopsys Announces $35 Billion Acquisition of Ansys, Expanding EDA and Simulation Portfolio"

Synopsys has agreed to acquire Ansys in a $35 billion deal, creating a chip design software powerhouse with expertise in electronic design automation (EDA) and analysis/simulation tools. The acquisition aims to offer a comprehensive software package for designing next-generation processors and systems, enhancing competitive positions against rivals like Cadence and Siemens EDA. The deal is expected to expand Synopsys' total addressable market, generate significant cost and revenue synergies, and be funded through a combination of cash reserves and debt financing.