Synopsys Stock News

SUNNYVALE, Calif., Oct. 5, 2026 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, National Association to repurchase an aggregate of $1 billion of Synopsys stock.

Synopsys (SNPS) shares jumped 13% on Thursday after the chip-design software maker issued fiscal 2027 revenue and profit forecasts above analysts' expectations and announced multi-year agreements with OpenAI and Amazon Web Services. The company outlined its long-term growth targets at its 2026 Investor Day in New York, highlighting demand for chip-design and simulation tools as artificial intel...

Synopsys stock rose after the company's investor day presentation focused on growth from AI-assisted chip design tools.

Synopsys is one of the best-performing stocks in the S&P 500 and Nasdaq today after the chip design software maker struck some major AI deals.

Synopsys shares jumped 10% on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit ​above analysts' estimates and unveiled deals with OpenAI ‌and Amazon Web Services.

Synopsys stock was rising as new partnerships with OpenAI and Amazon strengthen its case to be a beneficiary of artificial intelligence.

News Highlights Leading portfolio of engineering solutions positions Synopsys to capitalize on the continued expansion of digital and physical AI and the AI-driven transformation of engineering. Updates long-term growth targets to reflect accelerating revenue and expanding non-GAAP operating margins.

Synopsys , a maker of software used in designing computing chips, said on Wednesday that it has struck a deal to share ​revenue with OpenAI as the two develop an AI model for the chip ‌business.