Artificial intelligence chipmaker Nvidia (NVDA) on Monday said it has invested $2 billion in electronic design automation firm Synopsys (SNPS). Synopsys stock jumped on the news while Nvidia stock dipped amid a broad market retreat.
Further, Synopsys and Nvidia plan to collaborate in engineering and marketing activities. Nvidia has stepped up investments in partner companies, including AI model maker OpenAI.
Nvidia Invests $2 Billion In Chip Design Firm Synopsys
byu/Front-Nectarine4951 instocks
Posted by Front-Nectarine4951
7 Comments
Stock up only 4%? I guess “NVIDIA partners with X” magic is over. News like this would send the stock up 15% few months back
I can’t wait to go to an Nvidia grocery store, the way they are investing left right and center. Jokes aside, this is a good move
What do they do? It’s a bit vage.
Such insane amounts of money being thrown around rn
Diworsification?
It’s a massive leap CUDA provides the compute horsepower, while Synopsys delivers the sophisticated design software; together, they enable faster, smarter, and more cost-effective chip creation, a crucial competitive advantage for next-gen semiconductor innovation. Allowing twinning so deign can be shortened by multiples
Sort of wild that even with an investment equal to ~2% of Synopsys’s market cap they’re flat for the month.