Synopsys (SNPS) Stock

Recently, Zacks.com users have shown a lot of interest in Synopsys (SNPS). As a result, it's important to understand the factors that could affect the stock's future.

Synopsys (SNPS) finished the last trading day at $551.54, which is an increase of 1.26% compared to the day before.

Sassine Ghazi, the CEO of Synopsys, will give a keynote speech at the upcoming SNUG Silicon Valley conference. This event will bring together technical experts and business leaders to talk about the advancements in silicon and systems design engineering in today's world of widespread intelligence. The conference is scheduled for March 19-20, 2025, at the Santa Clara Convention Center.

Synopsys (SNPS) closed at $515.81 on the most recent trading day, showing an increase of 1.7% from its previous closing price.

Synopsys, Inc. (NASDAQ:SNPS) will participate in the 27th Annual Needham Growth Conference on January 16, 2025, at 11:00 AM ET. The company's CFO, Shelagh Glaser, will be present, along with Charles Shi from Needham & Company. Good morning, and welcome to the conference.

Users of Zacks.com have been paying a lot of attention to Synopsys (SNPS) lately. Therefore, it's important to understand the key information that could influence the future of the stock.

Companies involved in artificial intelligence and fast computing have experienced a growing demand and clearer outlook for their products.

On January 10, 2025, Synopsys announced that the European Commission (EC) has approved its plan to acquire Ansys in the first phase. The company expressed its satisfaction with the EC's decision, highlighting that it supports their competitive goals.

The European Commission (EC) has approved Synopsys' purchase of Ansys, but the companies need to sell off around six products as part of the conditions for the deal.