SNPS

Synopsys Launches Industry's First Complete 1.6T Ethernet IP Solution to Meet High Bandwidth Needs of AI and Hyperscale Data Center Chips

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Thursday, February 29, 2024

SUNNYVALE, Calif., Feb. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today delivered a dramatic increase in bandwidth and throughput for data-intensive AI workloads with the industry's first complete 1.6T Ethernet IP solution. Hyperscale data centers, a backbone in the era of pervasive intelligence, require high-bandwidth, low-latency chips and interfaces to process petabytes of data quickly. Synopsys' new 1.6T Ethernet IP solution enables design teams to create the industry's fastest chips for AI and data center networking applications.

Key Points: 
  • Synopsys' new 1.6T Ethernet IP solution enables design teams to create the industry's fastest chips for AI and data center networking applications.
  • Synopsys' comprehensive IP solution, including new 1.6T MAC and PCS Ethernet controllers, 224G Ethernet PHY IP , and verification IP, accelerates time to market for AI and HPC networking chips.
  • The complete 1.6T Ethernet IP solution optimizes hyperscale data center energy efficiency by reducing interconnect power consumption by up to 50% compared to existing SoC implementations.
  • The Synopsys 1.6T Ethernet solution, including all components – 1.6T MAC and PCS Controller IP, 224G PHY IP for advanced processes, and Verification IP for 1.6T Ethernet – are available now.

New Synopsys Report Finds 74% of Codebases Contained High-Risk Open Source Vulnerabilities, Surging 54% Since Last Year

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Tuesday, February 27, 2024

SUNNYVALE, Calif., Feb. 27, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today released the ninth edition of the annual "Open Source Security and Risk Analysis" (OSSRA) report. The research highlights that nearly three-quarters of commercial codebases assessed for risk contain open source components impacted by high-risk vulnerabilities, representing a sharp uptick from the previous year.

Key Points: 
  • The research highlights that nearly three-quarters of commercial codebases assessed for risk contain open source components impacted by high-risk vulnerabilities, representing a sharp uptick from the previous year.
  • While codebases containing at least one open source vulnerability remained consistent year over year at 84%, significantly more codebases contained high-risk vulnerabilities in 2023.
  • The report also found that the mean age of open source vulnerabilities in the codebases was over 2.5 years old, and nearly a quarter of codebases contained vulnerabilities more than 10 years old.
  • High-risk open source vulnerabilities permeate across critical industries: The Computer Hardware and Semiconductors industry had the highest percentage of codebases with high-risk open source vulnerabilities (88%), followed closely by Manufacturing, Industrials and Robotics at 87%.

Synopsys' Annual User Group Conference (SNUG) and Investor Day Kicks Off on March 20

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Monday, February 26, 2024

SUNNYVALE, Calif., Feb. 26, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) is hosting its annual flagship user group conference, SNUG Silicon Valley, March 20-21, 2024, at the Santa Clara Convention Center. The company's Investor Day will be co-located on the afternoon of March 20 and available via webcast.

Key Points: 
  • The company's Investor Day will be co-located on the afternoon of March 20 and available via webcast.
  • Synopsys to hold 2024 Investor Day: Synopsys will host a meeting with the investor community to review its financial objectives and long-term growth strategies on March 20, 2024.
  • WHERE: The Investor Day meeting will be held in hybrid format, in person at the Santa Clara Convention Center and online as a simultaneous webcast.
  • Investors and other interested parties may register for the webcast by visiting the events section on Synopsys' investor website .

Synopsys Posts Financial Results for First Quarter Fiscal Year 2024

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Wednesday, February 21, 2024

SUNNYVALE, Calif., Feb. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2024. Revenue for the first quarter of fiscal year 2024 was $1.649 billion, compared to $1.361 billion for the first quarter of fiscal year 2023.  Fiscal year 2024 results include a favorable impact of one additional week compared to fiscal year 2023, which occurred in our first fiscal quarter.

Key Points: 
  • SUNNYVALE, Calif., Feb. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today reported results for its first quarter of fiscal year 2024.
  • Revenue for the first quarter of fiscal year 2024 was $1.649 billion, compared to $1.361 billion for the first quarter of fiscal year 2023.
  • Fiscal year 2024 results include a favorable impact of one additional week compared to fiscal year 2023, which occurred in our first fiscal quarter.
  • The fiscal year targets include the impact of an extra week in fiscal year 2024, which was included in the first quarter of fiscal year 2024.

Synopsys and Intel Foundry Accelerate Advanced Chip Designs with Synopsys IP and Certified EDA Flows for Intel 18A Process

Retrieved on: 
Wednesday, February 21, 2024

SUNNYVALE, Calif., Feb. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced its AI-driven digital and analog design flows are certified by Intel Foundry for the Intel 18A process. In addition, through integration of high-quality Synopsys Foundation IP and Interface IP tuned for Intel Foundry technology, mutual customers can confidently design and deliver differentiated chips using advanced Intel Foundry technologies. With its certified EDA flows, multi-die system solution, and comprehensive IP portfolio in development for the Intel 18A process, Synopsys is helping designers accelerate the development of advanced high-performance designs. Today's announcement is being made at the Intel Foundry Direct Connect 2024 event, where Aart de Geus, Synopsys executive chair and founder, will present "Catalyzing SysMoore Together."

Key Points: 
  • (Nasdaq: SNPS ) today announced its AI-driven digital and analog design flows are certified by Intel Foundry for the Intel 18A process.
  • With its certified EDA flows, multi-die system solution, and comprehensive IP portfolio in development for the Intel 18A process, Synopsys is helping designers accelerate the development of advanced high-performance designs.
  • To realize the advantages of the Intel 18A process and to bring differentiated products to market, Intel Foundry customers can integrate a comprehensive Synopsys IP portfolio built for Intel advanced process technologies.
  • Synopsys and Intel Foundry are also driving multi-die systems forward with Synopsys 3DIC Compiler platform and Intel's advanced foundry processes.

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Friday, February 9, 2024

NEW YORK, Feb. 9, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NET, DIS, F, SNPS, and MARA.

Key Points: 
  • NEW YORK, Feb. 9, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NET, DIS, F, SNPS, and MARA.
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Synopsys' Global Channels & Alliances VP, Tom Herrmann Recognized as 2024 CRN® Channel Chief

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Monday, February 5, 2024

SUNNYVALE, Calif., Feb. 5, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that CRN ®, a brand of The Channel Company , has named Tom Herrmann, Global Vice President of Channels & Alliances, to the prestigious 2024 CRN® Channel Chiefs list for the third consecutive year.

Key Points: 
  • SUNNYVALE, Calif., Feb. 5, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that CRN ®, a brand of The Channel Company , has named Tom Herrmann, Global Vice President of Channels & Alliances, to the prestigious 2024 CRN® Channel Chiefs list for the third consecutive year.
  • Herrmann, an accomplished executive with more than 25 years of experience developing and leading enterprise channel sales, alliances, and partner programs, joined Synopsys in February 2021 to establish the Software Integrity Group's global partner program.
  • "I'm honored to be named a CRN Channel Chief for the third year in a row," said Herrmann.
  • The Channel Company is pleased to acknowledge these prominent channel leaders and looks forward to chronicling their achievements throughout the year."

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Karuna Therapeutics, Inc. (Nasdaq – KRTX), Carrols Restaurant Group, Inc. (Nasdaq - TAST), Ansys, Inc. (Nasdaq - ANSS), HomeStreet, Inc. (Nasdaq - HMST)

Retrieved on: 
Friday, January 26, 2024

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Karuna Therapeutics stockholders will receive $330.00 per share in cash upon completion of the proposed transaction.
  • Under the terms of the agreement, Carrols will be acquired by Restaurant Brands International Inc. (“RBI”) (NYSE: QSR).
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Karuna Therapeutics, Inc. (Nasdaq – KRTX), Carrols Restaurant Group, Inc. (Nasdaq - TAST), Ansys, Inc. (Nasdaq - ANSS), HomeStreet, Inc. (Nasdaq - HMST)

Retrieved on: 
Monday, January 22, 2024

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Karuna Therapeutics stockholders will receive $330.00 per share in cash upon completion of the proposed transaction.
  • Under the terms of the agreement, Carrols will be acquired by Restaurant Brands International Inc. (“RBI”) (NYSE: QSR).
  • Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits.

Synopsys Announces Earnings Release Date For First Quarter Fiscal Year 2024

Retrieved on: 
Thursday, January 25, 2024

SUNNYVALE, Calif., Jan. 25, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2024 on Wednesday, Feb. 21, 2024, after the market close.

Key Points: 
  • SUNNYVALE, Calif., Jan. 25, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2024 on Wednesday, Feb. 21, 2024, after the market close.
  • The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook.
  • A webcast replay will be available beginning Feb. 21, 2024, at approximately 5:00 p.m. PT.
  • The replay will be available until Synopsys announces its second quarter fiscal year 2024 results in May 2024.