1 Chip Manufacturer Renesas acquires Altium for AI chip design software.

1 Chip Manufacturer Makes Big Bet on AI: Japan's Renesas intends to acquire Altium, a smaller EDA software provider, to keep up with the AI chip design software industry where mergers and acquisitions deals are emerging, including Synopsys and Ansys's merger. Renesas is a hybrid company that designs and manufactures semiconductors, a business model making a comeback.