STOCK TITAN

Intel and Synopsys Expand Partnership to Enable Leading IP on Intel Advanced Process Nodes

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Intel (Nasdaq: INTC) and Synopsys (Nasdaq: SNPS) have entered into a definitive agreement to expand their long-standing IP and EDA strategic partnership. This partnership aims to develop a portfolio of IP on Intel 3 and Intel 18A for Intel's foundry customers, fostering a vibrant foundry ecosystem and accelerating the availability of IP on advanced IFS nodes for mutual customers.
Positive
  • Expansion of IP and EDA strategic partnership with Synopsys will enable Intel to meet the complex requirements of data-intensive applications.
  • The availability of key IP on Intel advanced process nodes will create a more robust offering for new and existing Intel Foundry Services customers.
  • The collaboration with Synopsys on critical IP development empowers mutual customers to accelerate their next generation of high-performance, AI-enabled designs.
Negative
  • None.

NEWS HIGHLIGHTS

  • Multi-generational agreement advances Intel’s IDM 2.0 strategy.
  • Partnership broadens and accelerates IP access for Intel foundry ecosystem.
  • Agreement builds on longstanding IP and EDA strategic partnership.

SANTA CLARA, Calif. & SUNNYVALE, Calif.--(BUSINESS WIRE)-- Intel (Nasdaq: INTC) and Synopsys (Nasdaq: SNPS) announced that they have entered into a definitive agreement to expand the companies’ long-standing IP (intellectual property) and EDA (electronic design automation) strategic partnership with the development of a portfolio of IP on Intel 3 and Intel 18A for Intel’s foundry customers. The availability of key IP on Intel advanced process nodes will create a more robust offering for new and existing Intel Foundry Services (IFS) customers.

“Marking another important step in our IDM 2.0 strategy, this transaction will foster a vibrant foundry ecosystem by allowing designers to fully realize the advantages of Intel 3 and Intel 18A process technologies and quickly bring differentiated products to market,” said Stuart Pann, senior vice president and general manager of IFS. “Synopsys brings a strong track record of delivering high-quality IP to a broad customer base, and this agreement will help accelerate the availability of IP on advanced IFS nodes for mutual customers.”

“Intel and Synopsys have enjoyed a long-term strategic partnership developing EDA and IP solutions that enable Intel to meet the complex requirements of data-intensive applications,” said Joachim Kunkel, general manager of the Solutions Group at Synopsys. “The collaboration with Intel on critical IP development, along with design and system technology optimization, empowers our mutual customers today and in the future to accelerate their next generation of high-performance, AI-enabled designs.”

As part of the transaction, Synopsys will enable a range of its standardized interface IP portfolio on Intel’s leading-edge process technologies. As a result, Intel’s foundry customers will gain access to industry-leading IPs built on Intel advanced process technologies and be able to accelerate design execution and project schedules for system-on-chips (SoCs).

The multi-generational IP transaction builds on the companies’ decadeslong collaboration, which includes developing advanced design flows combining Synopsys’s AI-driven EDA suite with Intel’s technology and design expertise. Synopsys will leverage its state-of-the-art design technology tools and implementation and signoff flows to provide enhanced power, performance and area for SoC and multi-die system designs on Intel 3 and Intel 18A process technologies.

IFS is a critical pillar of Intel’s IDM 2.0 strategy, a multiyear transformation to regain and strengthen technology leadership, manufacturing scale and long-term growth. Intel’s collaboration with Synopsys is an important milestone toward this goal, building on Intel’s existing engagements with other IP and EDA providers.

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com.

© Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

Penny Bruce

Intel PR

1-408-893-0601

penelope.bruce@intel.com

Cara Walker

Synopsys PR

1-650-584-5000

cara.walker@synopsys.com

Source: Intel Corporation

FAQ

What is the agreement between Intel and Synopsys about?

The agreement aims to develop a portfolio of IP on Intel 3 and Intel 18A for Intel's foundry customers, fostering a vibrant foundry ecosystem and accelerating the availability of IP on advanced IFS nodes for mutual customers.

How does the partnership benefit Intel Foundry Services customers?

The availability of key IP on Intel advanced process nodes will create a more robust offering for new and existing Intel Foundry Services customers, allowing them to fully realize the advantages of Intel 3 and Intel 18A process technologies and quickly bring differentiated products to market.

What is the significance of the collaboration with Synopsys?

The collaboration with Synopsys on critical IP development empowers mutual customers to accelerate their next generation of high-performance, AI-enabled designs.

What is the role of Synopsys in the transaction?

Synopsys will enable a range of its standardized interface IP portfolio on Intel's leading-edge process technologies, providing enhanced power, performance, and area for SoC and multi-die system designs on Intel 3 and Intel 18A process technologies.

Intel Corp

NASDAQ:INTC

INTC Rankings

INTC Latest News

INTC Stock Data

88.76B
4.31B
0.06%
64.65%
2.73%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
SANTA CLARA