Synopsys 2Q Revenue Rises as Ansys Shareholders Approve Deal morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Synopsys: Chief Executive Sassine Ghazi said demand for the company s core products remained strong, with revenue from them expected to grow 15% this year as customers design their own chips for AI and other purposes.
By Ben Glickman Synopsys said its revenue rose in the fiscal second quarter as the company looks to close its blockbuster deal for Ansys. The chip-design software company Wednesday.
Synopsys raised its annual
revenue and profit forecast on Wednesday in anticipation of
robust demand for its software to design advanced chips driving
artificial intelligence applications. .