Synopsys Stock News

SANTA ROSA, Calif.--(BUSINESS WIRE)--Keysight Technologies, Inc. (NYSE: KEYS) and Synopsys, Inc. (Nasdaq: SNPS) introduced an AI-powered RF design migration flow to expedite migration from TSMC's N6RF+ process to N4P technology, to address the performance requirements of today's most demanding wireless integrated circuit applications. Building on TSMC's Analog Design Migration (ADM) methodology...

Synopsys is the EDA industry leader, expanding into AI and multichip systems, with a strategic $35B Ansys acquisition to create a broader design platform. The Ansys deal offers synergy potential but brings significant debt and execution risk; management targets rapid deleveraging to maintain investment grade. Recent financials are robust, with double-digit revenue growth and strong margins, but...

Semiconductor design software firm Synopsys has told staff in China to halt services and sales in the country and stop taking new orders to comply with new U.S. export restrictions, according to an internal letter reviewed by Reuters.

Shares of Synopsys Inc. took a sharp U-turn into the red on Thursday after the provider of semiconductor-design software withdrew its financial guidance given the uncertainties created by new restrictions on exports to China.

Synopsys, which makes chip design software, has now received a letter from the U.S. Commerce Department imposing new restrictions on sales to China. The company yanked guidance for the full fiscal year.

Shares in semiconductor design products company Synopsys (SNPS -1.97%) spiked higher by 5.5% in early trading today before settling back later in the day. The move came after the U.S. Federal Trade Commission (FTC) gave conditional approval for its intended $35 billion acquisition of simulation and analysis software company Ansys (ANSS -0.52%).

The chip design software firm says it has received notice from the U.S. Commerce Department restricting its sales in China.

Synopsys suspended its annual and quarterly forecasts on Thursday, citing new restrictions from the U.S. curbing exports of its chip design software to key market China.