Reported about 10 hours ago
On July 3, 2025, shares of Synopsys and Cadence Design Systems rose significantly after the US lifted export restrictions on chip design software for China, alleviating uncertainty in the EDA market. This decision is seen as a step toward easing US-China trade tensions, benefiting the revenue streams of these companies, which rely heavily on Chinese customers. The easing of restrictions is expected to aid ongoing negotiations, including Synopsys' acquisition of Ansys.
Source: YAHOO