Published on: 2025-06-14 19:42:05
Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company's plans to have artificial intelligence take over parts of designing computer chips at the company's annual user conference in Santa Clara, California, on March 19, 2025. Synopsys pulled its guidance for the full fiscal year on Thursday, citing a letter it received from the U.S. Commerce Department on restrictions of sales of its products in China. The stock dropped about 3%. The announcement comes one day
Keywords: china company said synopsys year
Find related items on AmazonPublished on: 2025-06-16 08:15:00
What just happened? The Trump administration has taken a decisive step in its campaign to restrict China's access to advanced semiconductor technology, instructing leading US companies that produce chip design software to halt sales to Chinese customers. Several people familiar with the matter have told the Financial Times that the US Department of Commerce's Bureau of Industry and Security recently sent letters to major electronic design automation (EDA) firms – including Synopsys, Cadence Desi
Keywords: china eda percent semiconductor synopsys
Find related items on AmazonPublished 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
Keywords: cadence comment declined siemens synopsys
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