Synopsys Inc Stock Price, News & Analysis

Synopsys (Nasdaq: SNPS) announces Tenstorrent's achievement of first-pass silicon success for its Grayskull AI processor SoC, utilizing Synopsys' DesignWare PCI Express 4.0, ARC HS48 Processor, and LPDDR4 IP. This SoC delivers high-performance computing capabilities with low-latency connections, handling significant channel loss. Tenstorrent plans to collaborate with Synopsys for future AI processor SoCs aimed at data centers, cloud servers, and automotive markets. The DesignWare IP portfolio facilitated swift integration and reduced design timelines for Tenstorrent.

Synopsys (Nasdaq: SNPS) has launched the first JEDEC DDR5 compliant Verification IP for DDR5 DRAM/DIMM, aimed at enhancing memory performance in cloud, IoT, and data centers. This technology supports data rates from 3200MT/s to 8400MT/s, with improved density and power efficiency. The VC VIP for DDR5 enables simpler integration and faster verification processes, optimized for next-gen memory architecture. Available now, it promises significant advancements for companies needing high-memory bandwidth. The collaboration with Micron further strengthens confidence in this product.

Synopsys, Inc. (Nasdaq: SNPS) announced that JLQ Technology has adopted its DesignWare IP portfolio to enhance development speed and reduce risks for new mobile chipsets. The collaboration aims for next-generation systems-on-chips (SoCs) optimized for performance and power efficiency. Synopsys' track record has facilitated volume production for JLQ's previous SoC designs. Key technologies include USB, MIPI, and DDR, which are essential for intelligent IoT applications.

Synopsys (Nasdaq: SNPS) has entered a multi-year agreement with Arm to accelerate the design and verification of Arm-based system-on-chips (SoCs). This collaboration will enhance Synopsys products, including the Fusion Design Platform and Verification Continuum Platform, by integrating them with Arm IP. Synopsys will gain early access to a variety of Arm processors and GPUs, which aims to optimize design methodologies for mutual customers across diverse markets. This partnership continues a nearly 30-year relationship between the two companies.

Synopsys (Nasdaq: SNPS) has expanded its collaboration with EPFL, the Swiss Federal Institute of Technology, to license new digital synthesis technologies. This partnership aims to develop advanced Electronic Design Automation (EDA) and Technology Computer Aided Design (TCAD) tools for superconducting electronics (SCE) under IARPA's SuperTools project. EPFL's new methods could reduce power requirements for electronic chips by optimizing logic flow, potentially decreasing logic levels by an average of 18%. This innovation may lead to faster and more energy-efficient chip designs.

Synopsys (Nasdaq: SNPS) has been selected by DARPA as a prime contractor for the Automatic Implementation of Secure Silicon (AISS) program aimed at automating hardware security mechanisms in SoCs. The four-year project will see collaboration with experts from Arm, Boeing, and various universities. Synopsys will provide DesignWare® Security IP and develop design-to-manufacturing flows to optimize power, area, speed, and security. The collaboration underscores Synopsys' commitment to enhancing security in microelectronics, benefiting both defense and commercial sectors.

On June 23, 2020, Synopsys (Nasdaq: SNPS) announced its plan to reduce greenhouse gas emissions by 25% by 2024, using 2018 as a baseline. The company has achieved CarbonNeutral certification for the second consecutive year, offsetting approximately 90,000 metric tons of CO2 equivalent in 2020. This commitment aligns with the Paris Agreement to limit global temperature rise. Synopsys aims to enhance energy efficiency and increase the use of renewable energy to meet its emissions goals.

Synopsys (Nasdaq: SNPS) announced the replenishment of its existing stock repurchase authorization to $500 million. This move underscores its commitment to deliver sustainable, long-term shareholder value. The repurchase program, originally established in 2002, allows Synopsys to buy back shares at its discretion, reinforcing strategic investments aimed at business growth, margin expansion, and returning capital to shareholders. The announcement also highlights potential risks related to market fluctuations and economic conditions.

On June 17, 2020, Synopsys (Nasdaq: SNPS) announced a collaboration with Samsung Foundry to enhance its SAFE Cloud Design Platform, enabling efficient cloud-based design tools for SoC development. This partnership makes Synopsys' EDA products available on Samsung's platform, supporting a comprehensive RTL-to-GDSII flow. The initiative is aimed at providing scalable and secure environments for IC design, addressing the growing demand for cloud flexibility among users. This collaboration builds on their multi-year relationship established back in March 2019.