Stock Track | Synopsys Soars 7.99% in Pre-Market After Nvidia's $2 Billion Investment and Strategic Partnership

Stock Track

Dec 01

Synopsys (SNPS) shares surged 7.99% in pre-market trading on Monday following the announcement of a $2 billion investment by Nvidia and a strategic partnership between the two companies.

The investment, made at $414.79 per share, is part of a broader collaboration to integrate Nvidia's AI and accelerated computing technologies with Synopsys' engineering solutions. The partnership aims to enhance the efficiency and cost-effectiveness of designing, simulating, and verifying intelligent products across various industries.

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