Synopsys announced an updated long-term growth strategy driven by AI expansion, expecting 15% revenue growth in fiscal 2027 to about $11.15 billion. The company is expanding its silicon IP business and partnering with OpenAI to develop AI-powered chip design tools. Synopsys plans to return up to 50% of free cash flow to shareholders through share repurchases, targeting $1 billion in buybacks soon. This strategy reflects confidence in sustained growth and margin expansion through 2030.
As of Oct 01, 2026 03:23 WIB, Synopsys shares trade at USD 438.00 on Pluang, showing a strong 1-day gain of 5.52%. The stock enjoys robust investor interest with 92% of Pluang orders to buy and a market cap of $79.55 billion. This active buying aligns with the company's confident growth strategy and planned $1 billion share repurchase program.
OpenAI and Synopsys have formed a multi-year strategic partnership to create GPT-Synopsys, a specialized AI model that integrates OpenAI's advanced AI with Synopsys' electronic design automation (EDA) tools. This collaboration aims to accelerate semi...
Synopsys and Amazon have entered a multi-year agreement worth over $1 billion to accelerate the development of Amazon's custom silicon chips and AI-powered cloud infrastructure. This deal expands Synopsys' silicon IP business with Amazon as the lead ...
Synopsys, a key software provider for advanced AI chips, is trading at a lower valuation than its peers despite strong revenue growth and raised earnings guidance. Shares recently jumped 10.6% following a new AI partnership and analyst upgrades, with...
Synopsys introduced the Autopilot Platform featuring AgentEngineer AI solutions that automate complex engineering workflows from silicon to systems. This platform enhances productivity, design quality, and verification speed by leveraging domain-spec...
