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Synopsys (SNPS) Rises As Market Takes a Dip: Key Facts
Zacks Investment Research· 2024-05-13 22:51
Synopsys (SNPS) closed at $557.39 in the latest trading session, marking a +0.12% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.02%. Elsewhere, the Dow lost 0.21%, while the tech-heavy Nasdaq added 0.29%.The maker of software used to test and develop chips's stock has dropped by 0.08% in the past month, falling short of the Computer and Technology sector's gain of 1.39% and the S&P 500's gain of 1.29%.The investment community will be closely monitoring the performan ...
Synopsys (SNPS) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-05-07 22:50
The latest trading session saw Synopsys (SNPS) ending at $549.61, denoting a +0.75% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq decreased by 0.1%.Coming into today, shares of the maker of software used to test and develop chips had lost 5.35% in the past month. In that same time, the Computer and Technology sector gained 0.89%, while the S&P 500 lost 0.35 ...
Synopsys (SNPS) to Sell Software Integrity Business for $2.1B
Zacks Investment Research· 2024-05-07 14:30
Synopsys, Inc. (SNPS) , a leading provider of electronic design automation software solutions, has agreed to sell its Software Integrity Group business to two private equity firms — Clearlake Capital Group, L.P. and Francisco Partners — for as much as $2.1 billion in cash.Per the agreement, Synopsys will get $1.5 billion upon the close of the transaction, another $125 million over the next five quarters and $475 million in cash payable upon achieving a specified rate of return. The transaction is anticipate ...
Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
Prnewswire· 2024-05-06 13:00
Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider.  The transaction, valued at up to $2.1 billion, is expected to close in the second half of 2024, subject to customary closing conditions including the receipt of required regulatory approvals.  Synopsys sharpens focus on accelerating its silicon to systems strategy and advancing its core design automation and design IP businesses. SUNNYVALE, Calif., May 6, 202 ...
Synopsys and Samsung Electronics Collaborate to Achieve First Production Tapeout of Flagship Mobile CPU with Leading Performance on Samsung Foundry's GAA Process
Prnewswire· 2024-05-02 16:00
Synopsys.ai Full Stack AI-Driven EDA Suite with CPU-specific Optimizations Delivers Unparalleled PPA with Highest Frequency and 10% Lower Power for Industry's Latest Mobile CPU with Generative AI Capabilities Highlights: Synopsys.ai EDA suite augmented with high-performance CPU PPA optimizations delivers highest performance, power, and area optimization for GAA nodes. Collaboration across Synopsys.ai full-stack AI-driven EDA suite on Samsung Foundry's advanced GAA technologies enables ultimate peak perform ...
Synopsys (SNPS) Declines More Than Market: Some Information for Investors
Zacks Investment Research· 2024-05-01 22:51
Synopsys (SNPS) closed the most recent trading day at $522.18, moving -1.59% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.34%. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq lost 0.33%.Coming into today, shares of the maker of software used to test and develop chips had lost 6.88% in the past month. In that same time, the Computer and Technology sector lost 4.23%, while the S&P 500 lost 4.05%.Market participants will be closely following ...
Synopsys (SNPS) Flat As Market Gains: What You Should Know
Zacks Investment Research· 2024-04-24 22:51
The latest trading session saw Synopsys (SNPS) ending at $527.52, denoting no adjustment from its last day's close. This change lagged the S&P 500's 0.02% gain on the day. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.1%.Coming into today, shares of the maker of software used to test and develop chips had lost 9.72% in the past month. In that same time, the Computer and Technology sector lost 5.13%, while the S&P 500 lost 3.01%.Investors will be eagerly watching for the performance of S ...
Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced Processes
Prnewswire· 2024-04-24 20:00
Collaboration on AI-Driven Design Flows for Optimization and Productivity, Advancements in Photonic IC Integration, Plus Broad IP Development on TSMC 2nm TechnologyHighlights: Production-ready digital and analog design flows, powered by Synopsys.ai™ EDA suite, on TSMC N3/N3P and N2 drive successful results and accelerate analog design migration Certified Synopsys physical verification solution on TSMC N3P and N2 nodes accelerates full-chip physical signoff Collaboration on silicon photonics leveraging Synop ...
Synopsys Announces Earnings Release Date For Second Quarter Fiscal Year 2024
Prnewswire· 2024-04-23 20:05
SUNNYVALE, Calif., April 23, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the second quarter fiscal year 2024 on Wednesday, May 22, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.) Financial and other statistical information to be discussed on this conference ca ...
Here is What to Know Beyond Why Synopsys, Inc. (SNPS) is a Trending Stock
Zacks Investment Research· 2024-04-22 14:05
Synopsys (SNPS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of software used to test and develop chips have returned -14.1% over the past month versus the Zacks S&P 500 composite's -4% change. The Zacks Computer - Software industry, to which Synopsys belongs, has lost 6.8% over this period. Now the key question is: Where could the stock be headed in the near te ...