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 ...

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) 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 ...

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) 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 ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Synopsys (SNPS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Synopsys currently has an average brokerage recommendation (ABR ...

Solution Helps Future-Proof Infrastructure Using New 1.6T Ethernet Controller IP, Silicon-Proven 224G PHY IP, and Verification IP Highlights: Available now and adopted by multiple customers, Synopsys' complete 1.6T Ethernet IP solution, reduces interconnect power consumption by up to 50% compared to existing implementations New multi-channel/multi-rate Ethernet controllers offer 1.6T support with up to 40% latency reduction and up to 50% area reduction compared to existing multi-rate 800G IP solutions Sili ...

Here is one stock with buy rank and strong momentum characteristics for investors to consider today, February 28:Synopsys, Inc. (SNPS) : This integrated circuit design solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.Synopsys' shares gained 27.1% over the last six months compared with the S&P 500’s advance of 11.4%. The company possesses a Momentum Score of A.See the full list of top ranked stocks here Learn ...

Synopsys (SNPS) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this maker of software used to test and develop chips reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong co ...

Key TakeawaysSynopsys shares surged to an all-time high Thursday, after the software firm posted better-than-expected first-quarter results and guidance on the back of the AI boom. The Sunnyvale, Calif.-based company projected adjusted earnings per share for the current quarter ranging between $3.09 and $3.14.CEO Sassine Ghazi credited customers' spending on AI for the bullish numbers.Synopsys Inc. (SNPS) shares surged to an all-time high Thursday, after the software firm posted better-than-expected first-q ...