Synopsys(SNPS)
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Is Trending Stock Synopsys, Inc. (SNPS) a Buy Now?
Zacks Investment Research· 2024-04-09 14:01
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 +2% over the past month versus the Zacks S&P 500 composite's +1.7% change. The Zacks Computer - Software industry, to which Synopsys belongs, has gained 2.8% over this period. Now the key question is: Where could the stock be headed in the near t ...
Synopsys Launches New Offering for Comprehensive Software Supply Chain Security
Prnewswire· 2024-04-09 12:00
Black Duck Supply Chain Edition addresses vulnerabilities, license conflicts, and malicious code across open source and commercial dependencies as well as AI-generated code. SUNNYVALE, Calif., April 9, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the availability of Black Duck® Supply Chain Edition, a new software composition analysis (SCA) offering that enables organizations to mitigate upstream risk in their software supply chains. Black Duck Supply Chain Edition combines multiple o ...
Synopsys (SNPS) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-03-22 23:06
Synopsys (SNPS) closed the latest trading day at $594.20, indicating a -1.3% change from the previous session's end. This move lagged the S&P 500's daily loss of 0.14%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, added 0.17%.The maker of software used to test and develop chips's stock has climbed by 3.63% in the past month, falling short of the Computer and Technology sector's gain of 6.81% and the S&P 500's gain of 5.34%.Investors will be eagerly watching for the performance of Synop ...
Synopsys (SNPS) Up 3.6% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-22 16:36
It has been about a month since the last earnings report for Synopsys (SNPS) . Shares have added about 3.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Synopsys due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Synopsys Q1 Earnings Beat Estimates, Revenues In-Li ...
Synopsys Expands Semiconductor IP Portfolio With Acquisition of Intrinsic ID
Prnewswire· 2024-03-20 16:15
SUNNYVALE, Calif., March 20, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has completed the acquisition of Intrinsic ID, a leading provider of Physical Unclonable Function (PUF) IP used in the design of system-on-chips (SoCs). The acquisition adds production proven PUF IP to Synopsys' broadly used semiconductor IP portfolio, enabling SoC designers worldwide to protect their SoCs by generating a unique identifier on chip utilizing the inherent and distinctive characteristics of ...
Synopsys Announces New AI-Driven EDA, IP and Systems Design Solutions At SNUG Silicon Valley
Prnewswire· 2024-03-20 16:15
CEO Sassine Ghazi Discusses Unprecedented Opportunity in Era of Pervasive Intelligence News Highlights: Announces Synopsys.ai customer momentum with applications including DSO.ai and VSO.ai delivering significant improvements in PPA, turn-around time, and more; Drives multi-die design innovation with Platform Architect - Multi-Die and new Synopsys.ai capability, 3DSO.ai, for AI-driven 3D design space optimization using native thermal analysis; Unveils new state-of-the-art hardware-assisted verification sys ...
Wall Street Analysts See Synopsys (SNPS) as a Buy: Should You Invest?
Zacks Investment Research· 2024-03-20 14:36
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Synopsys (SNPS) .Synopsys currently has an average brokerage reco ...
Synopsys (SNPS), NVIDIA Team up to Improve Multiple Technologies
Zacks Investment Research· 2024-03-19 16:25
Synopsys (SNPS) and NVIDIA (NVDA) have collaborated to improve chip design and automotive prototyping by using generative artificial intelligence (AI) and accelerated computing. This collaboration was announced at the NVIDIA GTC global AI conference.During the conference, SNPS has also announced that it is using NVIDIA GH200 Grace Hopper to achieve up to 15X faster runtime for its EDA stack. Moreover, Synopsys VCS uses NVIDIA GPUs for faster functional verification.Synopsys has improved its efficiency in fi ...
Synopsys Showcases EDA Performance and Next-Gen Capabilities with NVIDIA Accelerated Computing, Generative AI and Omniverse
Prnewswire· 2024-03-18 22:00
Expanding Decades of Collaboration Across Synopsys' Full EDA StackNews Highlights: Enabling Synopsys' industry-leading full AI-driven EDA stack on the NVIDIA GH200 Grace Hopper Superchip; projecting up to 15x run-time gains across design, verification, simulation and manufacturing Integrating Synopsys.ai generative AI capabilities for chip design with the NVIDIA AI Enterprise software platform — including NVIDIA microservices — and NVIDIA accelerated computing infrastructure Extending Synopsys automotive vi ...
Synopsys (SNPS) Just Flashed Golden Cross Signal: Do You Buy?
Zacks Investment Research· 2024-03-13 14:36
Synopsys (SNPS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SNPS broke through the 20-day moving average, which suggests a short-term bullish trend.A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages.Simila ...