Welcome to our dedicated page for Synopsys news (Ticker: SNPS), a resource for investors and traders seeking the latest updates and insights on Synopsys stock.
Synopsys Inc. (NASDAQ: SNPS) is a global leader in electronic design automation (EDA) and semiconductor IP. The company is essential for the development of electronic products and software applications that consumers and industries rely on daily. With its extensive portfolio of advanced silicon design, verification products, and software integrity solutions, Synopsys is at the forefront of innovation in the technology sector.
Founded in 1986 and headquartered in Mountain View, California, Synopsys has grown to become the 15th largest software company in the world. It boasts approximately 113 offices spread across North America, South America, Europe, Japan, Asia, and India. The company’s offerings include comprehensive solutions for system-on-chip (SoC) designers and software developers aiming to meet the highest standards in quality and security.
Synopsys recently announced the availability of its Black Duck® Supply Chain Edition, a software composition analysis offering that helps organizations mitigate upstream risks in their software supply chains. This product is a testament to Synopsys's commitment to security and innovation, providing a full range of capabilities to ensure secure and compliant software development.
Another significant milestone is the introduction of Polaris Assist, an AI-powered application security assistant that combines Large Language Model (LLM) technology with Synopsys’s decades of application security knowledge. This tool aids development teams in understanding and resolving security vulnerabilities more effectively.
Synopsys has also announced a strategic collaboration with Samsung Electronics, achieving a major performance milestone in mobile SoC design. Using Synopsys’s AI-driven EDA suite and extensive IP portfolio, Samsung was able to achieve 300MHz higher performance and 10% lower dynamic power in its high-performance mobile SoCs.
Financially, Synopsys continues to show robust performance. For the second quarter of fiscal year 2024, the company reported revenues of $1.455 billion, a significant increase from $1.263 billion in the same quarter the previous year. This growth is driven by strong operational execution, leading technology, and a resilient business model.
Synopsys is also undergoing a strategic shift, divesting its Software Integrity Group to Clearlake Capital Group and Francisco Partners for up to $2.1 billion. This move is expected to sharpen Synopsys’s focus on its core business of silicon design and EDA solutions, aligning with current technological trends such as artificial intelligence and pervasive intelligence.
With its commitment to innovation and a strong financial foundation, Synopsys continues to lead the industry, offering smart, secure solutions for the era of connected devices.
Synopsys (Nasdaq: SNPS) has partnered with Samsung to enhance the Fusion Design Platform, enabling a certified digital implementation and signoff reference flow for high-performance compute (HPC) designs. This collaboration aims to improve productivity and deliver high-quality results using Samsung's advanced process nodes. The reference flow includes innovative solutions that optimize performance, power, and area (PPA) metrics. Notably, Synopsys will present these capabilities at the Samsung Advanced Foundry Ecosystem (SAFE) Forum on October 28, 2020.
Synopsys has launched a new 3nm gate-all-around (GAA) AMS Design Reference Flow, developed in collaboration with Samsung. This flow aims to enhance productivity for design of analog and mixed-signal circuits, specifically for applications in 5G, HPC, AI, and IoT. Key features include in-design electromigration analysis and live design rule checking, which streamline design cycles. The flow is validated by Samsung, ensuring a comprehensive methodology for designers at advanced technology nodes. This innovation positions Synopsys as a leader in electronic design automation.
On October 27, 2020, Synopsys announced the launch of the Virtualizer Development Kit (VDK) for Infineon's AURIX TC4xx 32-bit Microcontroller. This collaboration aims to enhance automotive system development, enabling software and hardware verification before silicon availability. The internal deployment of the VDK at Infineon accelerates concept studies and improves quality through validated virtual prototypes. The VDK allows for early algorithm testing for AI and control loops, supporting eMobility initiatives. The solution is now available, with demonstrations planned for upcoming events.
Synopsys (Nasdaq: SNPS) has announced a partnership with Samsung Foundry to develop over 30 new interoperable process design kits (iPDKs) for their Custom Design Platform, covering both advanced and legacy process technologies. This collaboration enhances design and verification efficiency, achieving up to 5X faster layout and 2X faster design closure. The iPDKs facilitate advanced features, enabling better design innovation and reuse. This initiative aims to address the increasing complexities faced by the IP and analog design community, paving the way for technological advancements in high-growth markets.
Synopsys, Inc. (Nasdaq: SNPS) announced its 3DIC Compiler has enabled Samsung Foundry to efficiently design a complex 5-nanometer SoC featuring eight high-bandwidth memories (HBMs). This collaboration streamlined Samsung's multi-die integration (MDI) process, reducing design turnaround time from months to hours, essential for high-performance computing (HPC) applications. The 3DIC Compiler provides advanced design automation features, ensuring robust system performance and faster time to market. Synopsys experts will present at the upcoming Samsung Advanced Foundry Ecosystem Forum on October 28.
Synopsys (NASDAQ: SNPS) announced a significant collaboration with IBM's AI Hardware Center to advance chip architecture and design methodologies essential for the next generation of AI chips. This partnership aims to double AI compute performance annually over the next decade, focusing on innovative AI-specific hardware solutions. With multiple tapeouts achieved, the project targets a 1,000x performance increase by 2029. Synopsys contributes expertise in multi-die integration, silicon engineering, and silicon IP, enhancing AI chip design and verification.
Synopsys has been awarded the TSMC OIP Partner of the Year for the 10th consecutive year, recognizing its excellence in interface IP and electronic design automation (EDA) solutions. The awards highlight collaborations on 3nm design infrastructure, 3DIC design productivity, and scalable cloud-based timing sign-off solutions. This partnership has led to significant advancements in semiconductor design, including certification of innovative features and enhanced packaging design productivity, ultimately benefiting customers in high-performance computing, artificial intelligence, and mobile applications.
On October 20, 2020, Synopsys (SNPS) launched its latest IC Validator physical verification solution, featuring innovative technologies aimed at enhancing design efficiency. The new elastic CPU management technology achieves a 40% reduction in ownership costs for physical verification signoff. Additionally, machine-learning root cause analysis enables faster identification of design issues, while the Explorer LVS technology offers a 30X speed improvement in runtime. These advancements support designers in overcoming challenges associated with complex SoC designs.
Synopsys (Nasdaq: SNPS) has launched SaberEXP, a virtual prototyping solution designed to enhance power electronics system design. This tool aims to streamline the development process by allowing early validation of designs, thereby reducing costs and improving product quality. The power electronics market is expected to grow at a 15% CAGR from 2020 to 2030, driven by the electrification trends in automotive, aerospace, and industrial sectors. SaberEXP offers fast simulation convergence and integrates seamlessly with SaberRD for comprehensive system designs.
On October 14, 2020, Synopsys and Samsung Foundry unveiled a validated automotive reference flow aimed at streamlining system-on-chip (SoC) design for ASIL D compliance in autonomous driving and ADAS applications. This flow enhances in-system testing, verification, and physical signoff while addressing challenges posed by ISO 26262 compliance. Key features include functional safety verification, fault analysis, and a comprehensive toolkit that accelerates SoC-level safety assessments. The collaboration seeks to improve productivity and achieve high-quality results for automotive safety-critical projects.
FAQ
What is the current stock price of Synopsys (SNPS)?
What is the market cap of Synopsys (SNPS)?
What is Synopsys Inc. known for?
Where is Synopsys headquartered?
What recent products has Synopsys launched?
What major collaborations has Synopsys entered into?
What are Synopsys's financial highlights for 2024?
What strategic moves has Synopsys made recently?
How does Synopsys support software developers?
How long has Synopsys been in business?
How does Synopsys contribute to the semiconductor industry?
What are some key features of Synopsys's latest products?
