Synopsys Inc Stock Price, News & Analysis

Synopsys has launched the DesignWare Integrity and Data Encryption (IDE) Security Modules to enhance data protection for SoCs using PCI Express 5.0 and CXL 2.0 architectures. These modules feature AES-GCM algorithms for efficient encryption, decryption, and authentication, ensuring data confidentiality for high-performance systems. They are pre-verified with DesignWare Controller IP, facilitating rapid integration with reduced risk. The modules comply with both PCIe 5.0 and CXL 2.0 standards, supporting the secure design of advanced cloud and HPC systems.

On January 19, 2021, Synopsys (Nasdaq: SNPS) announced that Sondrel has adopted its Fusion Design and Verification Continuum platforms to enhance design and verification processes for complex system-on-chip (SoC) designs across various applications, including automotive and AI. This collaboration aims to improve design efficiency and quality, enabling Sondrel to produce power-efficient architectures. Their decision was influenced by Synopsys' proven record of power-efficient designs and overall performance metrics.

Synopsys (Nasdaq: SNPS) and Socionext have announced a collaboration to enhance the use of Synopsys' DesignWare HBM2E IP, aimed at improving memory throughput for AI and high-performance computing applications. The HBM2E IP operates at 3.6 Gbps and supports advanced SoC requirements, delivering an aggregated bandwidth of 460 GB/s. This integration allows Socionext to develop high-performance chips with competitive power efficiency, currently using 5-nm FinFET technology. The availability of Synopsys' HBM2/2E IP spans from 16-nm to 5-nm processes.

Synopsys, a leader in electronic design automation, announced that CFO Trac Pham will present at the 23rd Annual Needham Growth Conference on January 11, 2021, at 1:15 p.m. ET. The event will feature a live audio webcast available on the Synopsys investor relations website, where a replay will also be accessible post-event. This conference provides an opportunity for investors to gain insights into Synopsys, the 15th largest software company globally, and its innovations in semiconductor IP and software security.

Synopsys has published a report revealing that the cost of poor software quality in the US reached $2.08 trillion in 2020, including software failures and technical debt. Key findings indicate that operational failures account for $1.56 trillion, an increase of 22% since 2018. Unsuccessful development projects contributed $260 billion, rising by 46%, while legacy software issues amounted to $520 billion. The report underscores the need for enhanced software quality amid rising cyber threats and offers recommendations for improvement.

Synopsys (Nasdaq: SNPS) announced that Amazon Web Services (AWS) has implemented its VCS Fine-Grained Parallelism technology on Arm-based Graviton2 servers. This deployment enhances the development and verification of advanced connectivity technology and system-on-chips (SoCs). The integration allows AWS to handle increased simulation workloads efficiently, providing higher throughput and lower costs for their datacenter chips. Synopsys aims to meet the rising demand for compute power as SoC designs become more complex, enabling faster time-to-market for customers.

Synopsys (Nasdaq: SNPS) has announced an accelerated share repurchase agreement with Mizuho Markets Americas LLC, involving the repurchase of $250 million worth of its stock. As part of this agreement, Synopsys will receive an initial delivery of approximately 824K shares, with the final amount to be settled by April 9, 2021. The exact number of shares repurchased will depend on the stock's average daily volume-weighted price, adjusted for a discount. This initiative reflects Synopsys' commitment to enhancing shareholder value.

Synopsys (Nasdaq: SNPS) has launched LightTools v9.1, enhancing illumination design capabilities. This update includes new tools for modeling LiDAR, AR/VR, and biomedical systems. A key feature is the Distributed Simulation Module, which accelerates complex ray tracing. The update improves the LightTools SOLIDWORKS Link Module, streamlining optomechanical modeling and enhancing design efficiency for engineers. LightTools v9.1 is now available for customers with maintenance agreements.