Sunnyvale, California-based Synopsys, Inc. (SNPS) provides electronic design automation (EDA) software products for the design and testing of integrated circuits. With a market cap of $72.5 billion, the company provides design technologies to creators of advanced integrated circuits, electronic systems, and systems-on-a-chip. Shares of this global leader in EDA have notably underperformed the broader market over the past year. SNPS has declined 26.8% over this time frame, while the broader S&P 500 Index ( ...