Core Insights - Synopsys is launching its inaugural Converge Conference, a significant event that will take place on March 11-12, 2026, at the Santa Clara Convention Center, combining multiple industry events into one [1][2] Group 1: Event Overview - The Converge Conference will host SNUG Silicon Valley, Simulation World, an Executive Forum for CxOs, and an interactive Converge Pavilion, showcasing Synopsys' vision from silicon to systems [1][2] - The event aims to foster collaboration between silicon and systems designers, emphasizing the importance of understanding both domains for successful innovation [2] Group 2: Keynote Presentations - Day 1 will feature keynotes from Synopsys President and CEO Sassine Ghazi, focusing on "Re-engineering the Future," and from Shankar Krishnamoorthy, Chief Product Development Officer, discussing "Reengineering the Future of Silicon Design" [7] - Day 2 will include a keynote from a leading cloud provider and a panel discussion on energy efficiency breakthroughs for AI computing [5] Group 3: Event Features - SNUG Silicon Valley will offer 12 design-focused tracks covering advanced nodes, multidie, verification, and AI-driven workflows, while Simulation World will highlight innovations in co-design and AI-enabled simulation [2] - The Converge Pavilion will serve as a vibrant hub for live demonstrations and networking opportunities, featuring showcases from partners and Synopsys [6]

Core Points - A securities fraud class action has been filed against Synopsys, Inc. for allegedly misleading investors regarding its customer risks and growth prospects, following disappointing Q3 2025 financial results [1][2][4] - The lawsuit covers the period from December 4, 2024, to September 10, 2025, and claims that Synopsys made false statements about the sustainability of revenue growth in its Design IP business [3][4] - Synopsys reported a Q3 2025 EPS of $1.50, a 45% decline year-over-year and a 33% decline sequentially, primarily due to an 8% drop in Design IP revenues [5] Company Overview - Synopsys, Inc. provides silicon design, IP, simulation, and analysis solutions, operating in two segments: Design IP and Design Automation [3] - The Design IP segment includes various IP products and services, which are critical for minimizing integration risk and expediting customer adoption of new technologies [4][5] Financial Impact - Following the announcement of disappointing financial results, Synopsys shares plummeted by $216.59, representing a 35% decrease on September 10, 2025, marking the worst single-day decline since the company went public in 1992 [2][5] - The lawsuit alleges that the company's focus on AI customers, which require more customization, negatively impacted the economics of its Design IP business [5]