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Synopsys reports strong earnings, forecasts high Q2 revenue, and plans a massive acquisition.
Synopsys, a major chip design software provider, reported strong first-quarter earnings and forecast second-quarter revenue above Wall Street's expectations, driven by high demand from tech giants and carmakers investing in chip design.
The company expects second-quarter revenue between $1.59 billion and $1.62 billion.
Synopsys also aims to integrate AI into its products and is pursuing a $35 billion deal to acquire Ansys, pending regulatory approval.
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Synopsys reporta fuertes ganancias, pronósticos de altos ingresos de Q2, y planea una adquisición masiva.