Synopsys Suffers Worst Rout Ever After Trade War Hits Sales

Synopsys offices in Mountain View, California. Shares of chip-design software maker Synopsys Inc. suffered their worst single-day decline on record after the company warned that US export restrictions are contributing to a slowdown in China, the largest market for semiconductors. Most Read from Bloomberg As part of the company’s quarterly report on Tuesday, Chief Executive Officer Sassine Ghazi said that a push to develop its own intellectual property isn’t achieving the desired results — partly because ...