Synopsys (SNPS) has experienced numerous notable events recently. Despite falling 12% last year, a recent gain is providing relief to institutional investors. The company is partnering with
Intel Foundry to advance Angstrom-scale chip designs on Intel 18A and Intel 18A-P technologies, with high predictions of upside potential for investors.
Synopsys attracted a spike in options trading and managed to gain but still lags the broader market. The potential of SYnopsys Q1 is being explored in light of Wall Street estimates. Significant developments include
Synopsys announcing its collaboration with NVIDIA and rumours of an acquisition of
Ansys. Despite a dip in shares after the last earnings report, analysts are optimistic.
Synopsys is also working with TSMC for advancements in AI Chip design. Despite suffering a larger drop than the wider market, it is argued that the fundamentals remain strong. A decline of 13% in the past 6 months has prompted questions about market perceptions of
Synopsys. Future prospects look promising and analysts suggest it may be a buy now.
Synopsys SNPS News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 03 May 2025 13:00:28 GMT -
Rating 4
- Innovation 7
- Information 7
- Rumor 2
