Adopting artificial intelligence tools in chip design gave Synopsys (SNPS) wings in 2023. After a massive AI rally, the Nvidia (NVDA) partner is in a buy range again, making Synopsys today’s selection for IBD 50 Stocks To Watch. X Synopsys’s buy range goes up to 602.46 from a buy point of 573.77. Shares also are […]
Tag: Synopsys
Should Investors Buy Synopsys Stock in 2024?
Fool.com contributor Parkev Tatevosian evaluates the financial prospects for Synopsys (NASDAQ: SNPS) and determines if the stock is a buy for long-term investors. *Stock prices used were the afternoon prices of Feb. 7, 2024. The video was published on Feb. 9, 2024. Should you invest $1,000 in Synopsys right now? Before you buy stock in […]
Synopsys Stock: Nvidia Partner Rides AI Megatrends To 3,594% Gain — With More To Come
Nvidia (NVDA) is sure to come up in any discussion of the best artificial intelligence stocks to watch. But don’t ignore Synopsys (SNPS), a key Nvidia partner. After already earning a spot on the IBD Long-Term Leaders list with a 3,594% run from a low in 2008 through the end of last year, shares of […]
Synopsys in advanced talks to acquire software maker Ansys
(Bloomberg) — Synopsys Inc. is in advanced talks to acquire engineering software provider Ansys Inc. for about $35 billion, people with knowledge of the matter said. Most Read from Bloomberg Synopsys is discussing paying about $400 a share for Ansys, in a deal that could be announced as soon as next week, according to the […]