Raleigh Capital Management Inc. raised its holdings in
Synopsys, Inc. (NASDAQ:SNPS), with new positions taken by
Cim LLC and
Bridgefront Capital LLC. Meanwhile,
Dodge & Cox and
Hancock Whitney Corp sold their shares.
Fund Management LLC and
Congress Asset Management Co. MA increased their holdings, while
FACT Capital LP trimmed theirs.
Synopsys' PCIe 7.0 aims to address AI workload data bottlenecks. Its Q3 earnings are awaited.
John F. Runkel, Jr. sold 936 Synopsys shares. Reports suggest Synopsys is seeing
robust demand amid AI-driven chip design. Synopsys also announced plans to sell its
Software Integrity Business for $2.1B while partnering with
NVIDIA. Its
Q2 revenue and profit grew in double digits, but missed estimates. The company garnered attention with a golden cross signal, with a 371% return for investors over the last five years. Synopsys plans to
sell its Software Integrity Business to
Clearlake Capital and Francisco Partners, and marked a relative strength rating upgrade.
Chinese regulators flagged Synopsys' Ansys acquisition. Experts debate whether now is a good time to invest in Synopsys.
Synopsys SNPS News Analytics from Wed, 29 Nov 2023 08:00:00 GMT to Sun, 16 Jun 2024 16:53:28 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -3
