Synopsys Stock Falls on China Ban, But Long-Term Outlook Holds

Synopsys TodaySNPSSynopsys $478.86 -16.13 (-3.26%) 52-Week Range$ 365.74▼ $624.80P/E Ratio32.98Price Target$ 607.14Add to WatchlistDespite receiving only a fraction of the attention of AI-chip designers, Synopsys NASDAQ: SNPS is a company deeply important to the semiconductor industry. Synopsys’s electronic automation design (EDA) software is essential to developing these and many other chips, making it an important part of the industry to understand and potentially invest in. However, Synopsys shares have see ...