Synopsys (NASDAQ:SNPS) Approaches 52-Week Low; Debt Projection Brightens
Shares of Synopsys ended Friday at $373.47, little moved for the day. The closing price was just 2.0% higher than its $366 low for the year.
Synopsys (NASDAQ:SNPS) loses $6.3 billion following Kimi K3 chip-design demonstration
Synopsys shed roughly $6.27 billion in implied market value on Friday, with shares ending the session 7.85% lower at $384.28 following Moonshot AI’s disclosure of its Kimi K3 chip-design project. The estimate is based on 191.48 million shares outstanding.
Synopsys (NASDAQ:SNPS) Stock Sinks as Kimi Chip Demo Tests the EDA Moat
Synopsys, Inc. shares sank on Friday after Moonshot AI unveiled Kimi K3. Moonshot said the model autonomously designed a chip using open-source EDA tools. The claim challenged a core assumption supporting proprietary design-software pricing.
Synopsys Slides After Upping AI Outlook
Synopsys shares fell about 9% on Thursday. The company upped its annual outlook, but traders shrugged off the AI sales story, citing softer chip-IP demand, costs tied to recent deals, and ongoing worries over catching up to Cadence Design Systems’ margins.
Synopsys Raises AI-Chip Forecast, but the Stock Still Finds the Weak Spot
Synopsys raised its annual revenue and profit forecast on Wednesday after fiscal second-quarter sales topped expectations, but its shares fell in late trading as investors looked harder at a soft chip-IP business and the costs of absorbing Ansys. The company reported adjusted earnings of $3.35 a share on revenue of $2.28 billion, above analyst estimates of $3.15 and $2.25 billion, while SNPS dropped more than 2% after hours, Investors Business Daily reported.
Broadcom puts $125 million into UCLA AI chip center
Broadcom, Meta Platforms, Applied Materials, GlobalFoundries and Synopsys are putting $125 million into a new semiconductor center at UCLA, the university's engineering school said. The group is aiming to give a boost to custom AI chip efforts. The news came from the UCLA Samueli School of Engineering.
Synopsys Shares Up Ahead of Earnings; Wednesday in Focus for Next Direction
Synopsys shares got a late-week boost, jumping 4.12% Friday to finish at $524.74. Investors added positions in the chip-design software firm ahead of a holiday week and the company’s upcoming earnings. The stock came back from early losses, ending the week up about 4.4% after falling on Monday and Tuesday.
Synopsys Shares Dropped for the Week, Looking to May 27 for Direction
Synopsys closed out the week with losses. The chip-design software maker got hit by Friday’s tech stock drop after Coatue Management lowered its stake, according to a new filing. Investors are waiting for the company’s May 27 results to get a clearer sense of demand.
Synopsys Stock Turns Back Toward AI Chip Race After New TSMC Design Push
Synopsys Inc. has pushed further into Taiwan Semiconductor Manufacturing Co.’s cutting-edge chipmaking platform this week, rolling out updated design software, interface IP, and analysis tools tailored for TSMC’s 3-nanometer, 2-nanometer, A16, and A14 processes, as AI chip design and verification challenges mount.
Synopsys Stock Price Slides 5% Friday as Tech Rout Erases Elliott Boost
Synopsys finished Friday down 5.4% at $380.47, a sharper loss than Cadence Design Systems, which slipped 3.1%. Investors broadly exited growth and software stocks as Wall Street pulled back.
Synopsys stock (SNPS) set for Monday test after Morgan Stanley downgrade, Converge event in focus
Synopsys faces renewed headwinds going into Monday, as Morgan Stanley downgraded the chip-design software company to Equal-Weight from Overweight and slashed its price target to $480, down from $550. Shares closed Friday at $414, losing 2.8%.
Synopsys (SNPS) stock price at $414: why shares fell and what Wall Street watches next
Synopsys shares slipped 2.8% to $414 on Friday, logging a second consecutive decline as trading volume punched above typical levels. The stock has dropped roughly 8% since Wednesday’s close. U.S. markets resume trading Monday.
Synopsys stock slips premarket after HSBC downgrade as SNPS heads into earnings week
Synopsys shares edged down about 0.6% to $437.50 in U.S. premarket trading Monday, after closing at $439.94 on Friday. The decline came as HSBC cut its rating on the chip-design software maker, just ahead of the company’s upcoming quarterly report.
Synopsys stock extends slide as AI-spending jitters hit software — what to watch next
Synopsys slipped 2.0%, ending Thursday at $410.44 as the chip-design software firm faced a cautious market ahead of Friday. The stock ranged from $406.37 to $426.60 during the day, with roughly 3.8 million shares traded, per LSEG data.
Synopsys stock slips again after Tuesday’s rout as AI disruption fears hit software
Shares of Synopsys Inc dropped roughly 1.2% to $414.07 in afternoon trading Wednesday, following a steep decline Tuesday amid a widespread software sector selloff. So far today, the stock has fluctuated between $405.74 and $423.23.
Synopsys stock slides 8% on AI disruption fears — what investors watch next for SNPS
Shares of Synopsys dropped 8.5% Tuesday, closing at $419.14 after swinging between $413.23 and $462.00. Volume hit roughly 5.1 million shares.
Intuit stock drops 11% after-hours as AI disruption fears spread — what investors watch next
Intuit shares dropped 10.9% to $434.09 in after-hours trading, following an 11% slide during regular session. Salesforce, Datadog, and Adobe each lost roughly 7%, while Synopsys and Atlassian declined about 8%. The S&P 500 software and services index tumbled 3.8%. “We’re seeing a lot of software companies across the spectrum get hit,” noted Art Hogan, chief market strategist at B. Riley Wealth. John Campbell of Allspring Global Investments added that parts of the market were “priced for perfection.”
Synopsys stock rises as CEO flags export curbs, points to March Converge event
Synopsys ended Monday 1.6% higher at $533.42 as investors digested a shareholder letter from CEO Sassine Ghazi. He highlighted “export restrictions” adding “a measure of uncertainty” to 2025 and flagged “execution challenges.” Ghazi also announced the company will showcase its integrated Synopsys-Ansys platform at a “Synopsys Converge” event in Silicon Valley this March.
Synopsys stock climbs into weekend on chip rally; insider sale filing in focus
Shares of Synopsys Inc climbed 2.1% on Friday, closing at $525.18. The chip-design software company saw a volatile start to 2026 but gained momentum with a semiconductor sector rally late in the week.
Synopsys stock rises after CES automotive push as AI trade returns to tech
Synopsys, Inc. shares rose in after-hours trading on Wednesday, tracking a renewed bid for AI-linked technology names and fresh attention on the chip-design software maker’s automotive pitch at CES. Synopsys was up 2.2% at $519.70, after trading between $506.13 and $521.43 during the session; rival Cadence Design Systems gained 1.8%.
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