Reported 5 months ago
Synopsys CEO Sassine Ghazi discusses the company's strong performance driven by design automation and design IP segments, attributing revenue growth to AI adoption. Ghazi sees the current phase as the early stage of the industrial revolution, focusing on building infrastructure and transitioning to intelligent systems. The article highlights the benefits of embedding AI in software, noting a 20% uplift in customer domains, and touches on the acquisition of Ansys and the ongoing regulatory approvals process. Ghazi also mentions increased client investments in AI, automotive, electric, and life sciences sectors, reflecting a positive corporate spending environment.
Source: YAHOO