SG Americas Securities LLC, among other investment groups, have increased their holdings in engineering simulation software firm,
ANSYS, Inc., (NASDAQ: ANSS). For the company's developments, drone operator Wingcopter uses ANSYS simulation solutions to boost their design. In a leap in the aviation industry, a new hydrogen turboprop engine passed a
zero-emission flight test. This move to more environmentally-friendly engines is supported via collaborative efforts like that of ANSS and Turbotech. However, ANSS's growth is challenged by a delay in the approval of a $35 billion merger with Synopsys by
China due to trade tensions amid their antitrust regulators. Despite these hurdles, ANSS sees a growth in stock as the shares have risen 2.8% since the last earnings report. Finally, key partnerships have been established with companies such as GlobalFoundries and Intel to advance chip design with AI and to power next-gen AI chip designs.
Ansys ANSS News Analytics from Tue, 13 Aug 2024 07:00:00 GMT to Sat, 14 Jun 2025 21:43:13 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -2
