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Stock impact report

1 Chip Manufacturing Stock Making a Big Bet on AI [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Several merger and acquisition deals have been announced , and a mega-merger is pending between electronic design automation (EDA) leader Synopsys (NASDAQ: SNPS) and Ansys (NASDAQ: ANSS) . Shortly after that was announced, the second EDA software suite, Cadence Design Systems (NASDAQ: CDNS) , revealed its new supercomputing platform for simulating electronic systems. Not wanting to get left behind, Japanese chip manufacturer Renesas (OTC: RNECY) announced its intention to acquire smaller EDA software provider Altium (OTC: ALMF.F) . Is something big brewing in the AI market? Renesas looks for a software boost Renesas is an integrated device manufacturer, a company that both designs and manufactures semiconductors. It's a hybrid business model that has been making a comeback in recent years. Besides Japan emerging as a top destination for manufacturing in the East, Renesas can thank the electric vehicle (EV) revolution for its resurgence, as well as a myriad of other more mature m Show less Read more
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