Nvidia Just Bet $2 Billion on Synopsys. Should You Buy SNPS Stock Too?
Yahoo Finance·2025-12-02 05:40

Synopsys (SNPS) stock closed up nearly 5% after the artificial intelligence (AI) darling, Nvidia (NVDA), announced a 2billionstakeintheelectronicdesignautomationfirm.Thisstrategicpartnershipisaimedatacceleratingnext−genAIandchip−designtools,accordingtothecompanies’jointpressreleaseonMondaymorning.MoreNewsfromBarchartDespitetoday’srun, Synopsysstockremainsdownover302 billion stake in the electronic design automation firm. This strategic partnership is aimed at accelerating next-gen AI and chip-design tools, according to the companies’ joint press release on Monday morning. More News from Barchart Despite today’s run, Synopsys stock remains down over 30% versus its year-to-date high of 645. www.barchart.com Does the Nvidia Deal Warrant Buying Syn ...