Tag: synopsys
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Synopsys shares jump on robust growth outlook, OpenAI and AWS deals
Oct 1 : Synopsys shares jumped 10 per cent on Thursday after the chip-design software maker forecast fiscal 2027 revenue and profit above analysts’ estimates and unveiled deals with OpenAI and Amazon Web Services.At its investor day in New York on Wednesday, the company outlined a long-term growth outlook tha
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Synopsys, OpenAI strike deal to develop AI model for chip design work
SAN FRANCISCO, Sept 30 : Synopsys, a maker of software used in designing computing chips, said on Wednesday that it has struck a deal to share revenue with OpenAI as the two develop an AI model for the chip business.GPT-Synopsys, as the model will be called, will be specifically trained and tuned to take on…
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Synopsys, Amazon Web Services sign chip design licensing deal worth more than $1 billion
SAN FRANCISCO, Sept 30 : Synopsys and Amazon Web Services on Wednesday said that Amazon.com’s cloud computing unit has entered a multi-year deal worth more than $1 billion to license chip design intellectual property from Synopsys.Synopsys makes software for designing complex computer chips, helping firms su
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Synopsys raises annual forecasts on AI-driven chip design software demand
Aug 26 : Synopsys on Wednesday raised its annual revenue and profit forecasts, as the AI boom drives investments in chips and infrastructure, boosting demand for the firm’s chip design software. AI-related design demand has risen sharply as chipmakers invest in more advanced semiconductor systems, while tech
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Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say
SEOUL, July 7 : U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed
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