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Synopsys Inc - $SNPS STOCK NEWS

Welcome to our dedicated page for Synopsys news (Ticker: $SNPS), a resource for investors and traders seeking the latest updates and insights on Synopsys stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Synopsys's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Synopsys's position in the market.

Rhea-AI Summary

Synopsys Inc. (NASDAQ: SNPS) has entered into a definitive agreement with Clearlake Capital Group, L.P. and Francisco Partners to sell its Software Integrity Group business for up to $2.1 billion. The transaction aims to establish the Software Integrity Group as an independent application security testing software provider. Synopsys will focus on its core design automation and design IP businesses post-sale.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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Rhea-AI Summary

Synopsys and Samsung Electronics have collaborated to achieve the first production tapeout of a flagship mobile CPU with leading performance on Samsung Foundry's GAA process. Synopsys.ai EDA suite with CPU-specific optimizations delivers unparalleled PPA, highest frequency, and 10% lower power for the latest mobile CPU with generative AI capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
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Rhea-AI Summary

Synopsys, Inc. introduced Polaris Assist, an AI-powered application security assistant on the Polaris Software Integrity Platform. Polaris Assist combines LLM technology with Synopsys' security knowledge to provide vulnerability summaries and code fixes for security and development teams. The AI capabilities include issue summaries and fix suggestions to enhance productivity and build more secure software.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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AI
Rhea-AI Summary
Synopsys and TSMC collaborate on advanced chip innovation with AI-driven design flows, photonic IC integration, and broad IP development on TSMC 2nm technology. The partnership accelerates analog design migration, physical signoff, silicon photonics, and IP development for AI, HPC, and mobile designs.
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Rhea-AI Sentiment
End-of-Day
0.49%
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Rhea-AI Summary
Keysight, Synopsys, and Ansys collaborate to deliver an integrated radio frequency design migration flow to TSMC's N6RF+ process node. This new workflow accelerates the migration of existing N16 process passive radio frequency devices to the advanced N6RF+ technology node, enhancing power, performance, and area results for wireless integrated circuit applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
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Rhea-AI Summary
Synopsys, Inc. (Nasdaq: SNPS) has announced that it will release its second quarter fiscal year 2024 results on May 22, 2024. The company will host a conference call to discuss its financial results and business outlook. Financial information will be available on the corporate website. A live webcast and replay will be accessible for interested participants.
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Synopsys, Inc. (SNPS) launches Black Duck Supply Chain Edition to address vulnerabilities, license conflicts, and malicious code in software supply chains. The new software composition analysis offering combines open source detection technologies, SBOM analysis, and malware detection to enhance security and compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
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Rhea-AI Summary
SiMa.ai raises $70M in funding led by Maverick Capital, totaling $270M; to accelerate release of next generation AI/ML chip for edge devices. The funding will support the development of a software-centric platform for all edge AI, catering to multimodal generative AI applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
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AI
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Rhea-AI Summary
Synopsys, Inc. (SNPS) CEO Sassine Ghazi discusses the company's innovative solutions and collaborations at the annual Synopsys User Group conference. New offerings include AI-driven EDA suite, multi-die design innovations, hardware-assisted verification systems, cloud hybrid solution, and acquisition of Intrinsic ID. The company aims to address challenges in technology R&D, enhance customer productivity, and expand its semiconductor IP portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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AI
Rhea-AI Summary
Synopsys, Inc. (SNPS) has acquired Intrinsic ID, a leading provider of PUF IP, to enhance its semiconductor IP portfolio. The acquisition brings unique identifier generation capabilities to SoC designers worldwide, bolstering Synopsys' position in the smart and connected devices market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Synopsys Inc

Nasdaq:SNPS

SNPS Rankings

SNPS Stock Data

83.84B
151.41M
0.43%
94.38%
2.25%
Software Publishers
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United States of America
SUNNYVALE

About SNPS

synopsys, inc. (nasdaq:snps) is the silicon to software™ partner for innovative companies developing the electronic products and software applications we rely on every day. as the world’s 15th largest software company, synopsys has a long history of being a global leader in electronic design automation (eda) and semiconductor ip and is also growing its leadership in software quality and security solutions. whether you’re a system-on-chip (soc) designer creating advanced semiconductors, or a software developer writing applications that require the highest quality and security, synopsys has the solutions needed to deliver smart, secure products for the era of connected everything. the company is headquartered in mountain view, california, and has approximately 113 offices located throughout north america, south america, europe, japan, asia and india. since 1986, synopsys has been at the heart of accelerating electronics innovation with engineers around the world having used synopsys tech