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Synopsys Inc - SNPS STOCK NEWS

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.

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Synopsys and ReversingLabs announce an agreement to provide a comprehensive software supply chain risk management solution. The agreement combines Synopsys' open-source scanning capabilities with ReversingLabs' Software Supply Chain Security (SSCS) Platform to address software bill of materials (SBOM) requirements and software supply chain threats.
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Synopsys, Ansys, and Keysight Technologies announced the launch of a new 79GHz mmWave RF design reference flow for TSMC's 16nm FinFET technology, enhancing the development of integrated circuits (ICs) for autonomous systems. This reference flow is pivotal for applications requiring high reliability, including automotive radar and 5G connectivity. The collaboration aims to deliver optimal performance, security, and reliability, tackling challenges in RF design. Key elements include Synopsys Custom Design Family, Ansys's multiphysics signoff analysis, and Keysight's electromagnetic simulation tools, which together enhance the sensitivity and reliability of autonomous systems. The new design reference flow promises to push the boundaries of RF and mmWave technology, aligning with growing demands in next-gen autonomous applications.

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Synopsys has partnered with TSMC to enhance the design of next-generation system-on-chips (SoCs) using TSMC's advanced N2 process. This collaboration offers significant improvements, including a 15% speed boost or 30% power reduction compared to the N3E process, along with increased chip density. This development enables designers to accelerate their time to market and optimize their SoC designs. TSMC's head of Design Infrastructure Management highlighted the success of their partnership in meeting stringent design targets across various applications, including AI and high-performance computing. With an established track record in 3nm technology, Synopsys's certified EDA and IP solutions are set to streamline the transition to N2 process designs.

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Synopsys (Nasdaq: SNPS) has enhanced its collaboration with TSMC and Ansys to optimize multi-die systems for advanced technologies, including 7nm, 5nm, and 3nm processes. This partnership aims to address challenges in power, thermal integrity, and reliability associated with multi-die system designs. Key highlights include the integration of Synopsys' EDA and IP solutions with TSMC's 3DFabric™ technologies, enabling efficient die/package co-design and comprehensive system validation. The collaboration also showcases the successful tape-out of the Universal Chiplet Interconnect Express (UCIe) PHY IP on TSMC's N3E process, establishing a standard for low-latency die-to-die connectivity. Synopsys continues to lead in providing robust solutions for semiconductor design and manufacturing.

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Synopsys has launched its ZeBu Server 5 emulation system, achieving a remarkable milestone of over 400 billion gates sold in its first year. This new system offers 1.6x greater capacity, 2x higher throughput, and 2x improved energy efficiency compared to its predecessor. Designed to meet the needs of complex billion-gate and multi-die systems, the ZeBu Server 5 enhances software bring-up, power optimization, and debug processes. It supports advanced electronics digital twins, thus expediting the development of production-ready silicon. With its state-of-the-art features, Synopsys aims to revolutionize hardware-assisted verification, further establishing its leadership in the electronic design automation market.

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On April 6, 2023, Synopsys announced that Banias Labs achieved first-pass silicon success for its optical DSP SoC using Synopsys 112G Ethernet PHY IP and EDA Design Suite. Banias selected Synopsys for its low latency and compatibility with 5nm technology. The collaboration included a comprehensive IP solution, ensuring high-quality results with optimized performance. John Koeter from Synopsys emphasized the importance of providing high-performance solutions for complex designs. The 112G Ethernet PHY IP is available in multiple advanced process technologies up to 3nm.

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Synopsys, Inc. (NASDAQ: SNPS) announced its participation in RSA Conference 2023, showcasing the Fast Application Security Testing (fAST) offerings of the Polaris Software Integrity Platform. The platform simplifies application security testing for DevSecOps at scale, enabling teams to quickly identify and mitigate vulnerabilities in proprietary and open-source code. Key features include combined static application security testing (SAST) and software composition analysis (SCA) capabilities, seamless integrations with major development tools like Jenkins and GitHub, and enterprise-level risk management across thousands of applications. The offerings are now available for purchase.

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Synopsys, Inc. has launched Synopsys.ai, the industry's first full-stack AI-driven suite for electronic design automation (EDA), enhancing chip design, verification, testing, and manufacturing. This suite is designed to address increasing complexity in chip design, allowing engineers to utilize AI at every stage. Notably, Renesas reported a 10x improvement in reducing functional coverage holes and a 30% boost in verification productivity. Major players like NVIDIA, TSMC, IBM, and MediaTek support this strategy, indicating strong market acceptance. This initiative positions Synopsys as a leader in AI-driven semiconductor design.

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FAQ

What is the current stock price of Synopsys (SNPS)?

The current stock price of Synopsys (SNPS) is $520.75 as of November 15, 2024.

What is the market cap of Synopsys (SNPS)?

The market cap of Synopsys (SNPS) is approximately 80.9B.

What is Synopsys Inc. known for?

Synopsys Inc. is known for its leadership in electronic design automation (EDA), semiconductor IP, and software integrity solutions.

Where is Synopsys headquartered?

Synopsys is headquartered in Mountain View, California.

What recent products has Synopsys launched?

Synopsys has recently launched Black Duck Supply Chain Edition and Polaris Assist, both aimed at enhancing software security.

What major collaborations has Synopsys entered into?

Synopsys recently collaborated with Samsung Electronics to achieve significant performance improvements in mobile SoC designs.

What are Synopsys's financial highlights for 2024?

For the second quarter of fiscal year 2024, Synopsys reported revenues of $1.455 billion, up from $1.263 billion in the same quarter of the previous year.

What strategic moves has Synopsys made recently?

Synopsys is divesting its Software Integrity Group to Clearlake Capital Group and Francisco Partners for up to $2.1 billion to focus more on its core silicon design and EDA solutions.

How does Synopsys support software developers?

Synopsys provides tools like Black Duck Supply Chain Edition and Polaris Assist to help software developers manage security and quality in their codebases.

How long has Synopsys been in business?

Synopsys was founded in 1986, making it a well-established leader in the technology industry.

How does Synopsys contribute to the semiconductor industry?

Synopsys offers advanced silicon design and verification products that help semiconductor companies develop high-performance, secure chips.

What are some key features of Synopsys's latest products?

Key features include open source detection, automated SBOM analysis, AI-powered vulnerability summaries, and code fix recommendations.

Synopsys Inc

Nasdaq:SNPS

SNPS Rankings

SNPS Stock Data

80.89B
153.61M
0.43%
94.92%
1.73%
Software - Infrastructure
Services-prepackaged Software
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United States of America
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