Synopsys Stock Pops on Nvidia Partnership

Synopsys Inc (NASDAQ:SNPS) stock is on the rise, last seen up 4.6% to trade at $437.27, after reports that Nvidia (NVDA) has invested $2 billion in the electronic design automation name as part of a new partnership. The pair will develop AI-powered tools across several industries, while Synopsis will integrate Nvidia's developer instruments and code libraries into its applications. On the charts, SNPS is quite a ways off from its July 30 record high of $651.73, struggling to recover from its sharp September ...