BREAKING: Futures Rise After Oracle Fuels AI Rally Electronic design automation firm Synopsys (SNPS) late Tuesday badly missed Wall Street's targets for its fiscal third quarter and offered mixed guidance. Synopsys stock dropped in extended trading. The Sunnyvale, Calif.-based company earned an adjusted $3.39 a share on sales of $1.74 billion in the quarter ended July 31. Analysts polled by FactSet had expected earnings of $3.80 a share on sales of $1.77 billion. In the year earlier period, Synopsys earned ...

Core Viewpoint - Synopsys' shares rose by 5.5% following the U.S. Federal Trade Commission's conditional approval of its $35 billion acquisition of Ansys, with the deal expected to enhance Synopsys' capabilities in semiconductor design and analysis [1][2][3]. Group 1: Acquisition Details - The acquisition of Ansys has received approval from the European Commission and is now pending approval from China, with a potential closing date in the second half of 2026 [2]. - The deal is significant as it positions Synopsys to lead in the evolving semiconductor market, where the complexity of products is increasing [3][5]. Group 2: Strategic Importance - The integration of Ansys' simulation and analysis software with Synopsys' electronic design automation tools will enable companies to design and analyze semiconductor products more effectively [3][5]. - This acquisition aligns with broader industry trends, as seen with Siemens' recent acquisition of Altair, indicating a shift towards more comprehensive simulation and analysis capabilities in the sector [6]. Group 3: Investor Sentiment - The conditional approval from the FTC is likely to boost investor confidence in Synopsys, as it represents a step closer to realizing long-term growth opportunities from the acquisition [6][7]. - Investors are optimistic about the completion of the Ansys deal, viewing it as a critical component of Synopsys' investment case [6][7].