Published on: 2025-06-17 00:22:22
The Synopsys headquarters in Mountain View, California, on April 13, 2022. Shares of chip design software makers Cadence and Synopsys tumbled in Wednesday trading after The Financial Times reported that the White House told them to stop selling to clients in China. Cadence stock declined nearly 11%, while Synopsys was down about 10%. The Bureau of Industry and Security under the U.S. Commerce Department sent letters to both companies and to Siemens, the newspaper said. Synopsys declined to c
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Find related items on AmazonPublished on: 2025-09-02 00:07:15
Technology stocks plummeted Thursday and the Nasdaq Composite dropped 4% on the heels of its record-setting session. The index is headed for its best week since September. Markets reversed course, giving up some gains from a monster rally after President Donald Trump announced a 90-day pause on some tariffs and dropped the tariff on most countries to 10% to allow negotiations. However, the White House confirmed Thursday to CNBC that the cumulative tariff rate on China would total 145%. Apple d
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Find related items on AmazonPublished on: 2025-10-12 21:46:56
is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. President Donald Trump’s tariffs on goods imported from Mexico, Canada, and China are in effect, but Big Tech companies have remained mostly silent despite the potential impact tariffs could have on their businesses. I’ve written about this twice already: once shortly after Trump announced them in February, and again a week later after the initial 10 percent tariff on China w
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