The United States government has lifted restrictions on exports of chip design software to China, sending shares of top sector players higher on Thursday morning. The three leading chip design software players - Synopsys Inc (NASDAQ:SNPS, ETR:SYP), Cadence Design Systems Inc (NASDAQ:CDNS) and Siemens - were all notified by the US Commerce Department that the restrictions introduced in May have ...
The United States has eased restrictions on the export of semiconductor design software to China, a move that provided a notable boost to shares of leading electronic design automation (EDA) firms on Thursday.
SUNNYVALE, Calif. , July 2, 2025 /PRNewswire/ -- Today, Synopsys, Inc. (Nasdaq: SNPS) issued the below statement in connection with the lifting of recent U.S. export restrictions related to China.
PITTSBURGH and SUNNYVALE, Calif. , June 30, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) and Ansys (NASDAQ: ANSS) today released the following statement related to the status of the regulatory approvals for Synopsys' proposed acquisition of Ansys: We have already received merger clearance in every jurisdiction other than China based on the merits of our transaction and the significant ben...
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