Worth Watching News for Traders: Synopsys (NASDAQ:SNPS)

On Monday Synopsys (NASDAQ:SNPS) started its trading session with the price $139.25 and closed at price of $139.23 by scoring -0.34%. Day range of the stock was $138.49 – $139.87. SNPS stock traded with total volume of 644853 shares while the average trading capacity remained 795456 shares.  Earnings per share was $3.56. SNPS has total market capitalization of $20924458367.

On Nov. 18, 2019, Highlights:

  • Samsung Foundry has adopted Custom Compiler to its internal IP designers to accelerate design of mixed-signal IP for 5LPE
  • Synopsys Custom Design Platform is the first custom design solution to be supported with an AMS reference flow for the Samsung 5LPE process
  • The 5LPE AMS reference flow improves designer productivity and speeds deployment for 5G, AI, high-performance computing, and automotive applications

Synopsys (NASDAQ:SNPS) released that Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, has adopted the Synopsys Custom Design Platform, based on the Custom Compiler™ design environment, to design IP for its 5-nanometer (nm) Low-Power Early (LPE) process with Extreme Ultraviolet (EUV) lithography technology. To support deployment, an analog/mixed-signal (AMS) reference flow for the platform and a 5LPE interoperable process design kit (iPDK) have been developed and are available now for Samsung Foundry customers. The reference flow fully leverages Custom Compiler’s visually-assisted automation technology to improve designer productivity and deliver faster design completion.

Growing demand for applications such as 5G, AI, high-performance computing, and automotive applications is driving customer adoption of the 5LPE process technology, said Jongshin Shin, vice president of IP Development Team at Samsung Electronics. To improve designer efficiency for this node, we partnered with Synopsys to develop an AMS reference flow and deployed this flow to our own internal design teams.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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