Synopsys, Inc. - Common Stock (SNPS)

Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion of President Donald Trump’s tari

Synopsys, Inc. (NASDAQ: SNPS) reported strong second-quarter results, beating revenue, gross profit, and adjusted EPS estimates. The company's outlook is also positive, with increased guidance for FY25. SNPS shares are up 4.23% premarket.

The report follows previous restrictions on Nvidia’s China-specific AI chips and ASML’s extreme ultraviolet lithography (EUV) machines.

The United States has imposed new export restrictions on China, requiring licenses for semiconductor design software.

Trump's order to restrict chip sales to China causes Synopsys and Cadence stocks to drop. Move limits China's access to vital software for chip development.

Cadence and Synopsys tumbled after the Trump administration blocked the chip design software firms from selling in China.

After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.

The race to quantum supremacy is on. While this future will not come tomorrow, big tech companies are building to the technology's "ChatGPT moment."

Nvidia plans to sell semicustom AI systems that use central processing units and AI chips from competitors. Nvidia stock is near a buy point.

Bank of America analysts examine at how widely and heavily U.S. fund managers are invested in semiconductor companies.

Intel plans to build test chips for new manufacturing process, aims to win market share from TSM. CEO Lip-Bu Tan to share progress and partnerships at foundry event.

After the closing bell on Wednesday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.

JPM's Harlan Sur predicts negative earnings revisions of 15-25% in semiconductor sector due to tariff/trade tensions, impacting confidence & stocks.