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Synopsys, Inc. - SNPS STOCK NEWS

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

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. (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%
Tags
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%
Tags
acquisition
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Rhea-AI Summary
Synopsys, Inc. introduces fAST Dynamic, a dynamic application security testing offering on the Polaris platform. The new tool aims to help teams find and fix security vulnerabilities in modern web applications efficiently, with features like simplified onboarding, smart attack execution, and an innovative analysis engine. fAST Dynamic complements existing capabilities on the platform, enabling a comprehensive application security testing solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.3%
Tags
none
Rhea-AI Summary
Synopsys and NVIDIA collaborate to accelerate chip design and automotive prototyping using AI and accelerated computing. The partnership aims to enhance chip design, verification, simulation, and manufacturing processes with up to 15x runtime gains. Synopsys integrates generative AI capabilities for chip design and automotive virtual prototyping solutions with NVIDIA technologies to advance digital twins for automotive design.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.3%
Tags
AI
-
Rhea-AI Summary
Synopsys introduces a groundbreaking 1.6T Ethernet IP solution that enhances bandwidth and throughput for AI workloads, reducing power consumption by up to 50%. The new controllers offer latency reduction and area reduction compared to existing solutions. The silicon-proven 224G Ethernet PHY IP is customizable for various connections, optimizing power and performance. Synopsys' verification IP accelerates verification closure, aiding in faster chip development for data-intensive applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
AI
-
Rhea-AI Summary
Synopsys, Inc. released the ninth edition of the annual 'Open Source Security and Risk Analysis' report, revealing a significant increase in high-risk open source vulnerabilities in commercial codebases. The report highlights key findings such as the rise in high-risk vulnerabilities, outdated components, industry-specific vulnerabilities, license conflicts, and common weakness types.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
Tags
none
Rhea-AI Summary
Synopsys, Inc. hosts SNUG Silicon Valley conference featuring keynotes by CEO Sassine Ghazi and Microsoft VP. The event includes 100+ sessions on AI, Silicon Proliferation, Software-Defined Systems, and more, with sponsors like AWS, GlobalFoundries, Microsoft, Samsung, and TSMC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.01%
Tags
none
-
Rhea-AI Summary
Synopsys, Inc. (SNPS) reports record quarterly revenue of $1.649 billion, a 21% increase year over year. The GAAP earnings per diluted share were $2.89, with non-GAAP earnings per diluted share at $3.56, surpassing guidance. The company reaffirms full-year 2024 targets and raises non-GAAP EPS guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
Tags
earnings
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Rhea-AI Summary
Synopsys collaborates with Intel Foundry to boost chipmakers' performance and speed to market. The partnership certifies EDA flows and optimizes IP for Intel 18A process, reducing integration risks and enabling multi-die system designs. Synopsys aids designers in developing high-performance chips, enhancing power and performance gains with backside routing. The company's comprehensive IP portfolio accelerates design execution and time to market for SoCs, while the 3DIC Compiler platform facilitates complex multi-die system needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none
Rhea-AI Summary
Synopsys, Inc. (SNPS) announced that Tom Herrmann, Global Vice President of Channels & Alliances, has been named to the prestigious 2024 CRN Channel Chiefs list for the third consecutive year. Herrmann has been recognized for driving strategy and setting the channel agenda for Synopsys, resulting in rapid growth and consistent double- and triple-digit year-over-year growth in most geographies. The Synopsys Partner Program also received a prestigious 5-star rating in its Partner Program Guide for two consecutive years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
none
Synopsys, Inc.

Nasdaq:SNPS

SNPS Rankings

SNPS Stock Data

87.18B
151.40M
0.43%
94.33%
2.09%
Software Publishers
Information
Link
US
Mountain View

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