AI tools<\/a>, including “agent engineers” that help boost productivity. He said the agreements will involve customers paying royalties for each chip made with Synopsys technology.<\/p>\n“AI changing both the balance between a human engineer and agent engineer is an inflection point to have a different conversation with our customers, so that’s \u200con the software side,” Ghazi said. “On the IP \u200bside, there is clearly a trend in data \u200bcenters for the hyperscalers to \u200bbuild their own chips. You cannot build your own chips without \u200cthe participation of Synopsys IP.”<\/p>\n
The company \u200bforecast third-quarter revenue between $2.41 \u200bbillion and $2.46 billion, compared with analysts’ average estimate of $2.41 billion, according to data compiled by LSEG.<\/p>\n
Total revenue came in at $2.28 billion for the second \u200bquarter, compared with estimates \u200cof $2.25 billion.<\/p>\n
Synopsys shares declined about 1.5% in after-market trading after the results.<\/p>\n
(Reporting \u200bby Harshita Mary Varghese in Bengaluru and Stephen Nellis in San \u200bFrancisco; Editing by Shreya Biswas, Rod Nickel)<\/p>\n","protected":false},"excerpt":{"rendered":"By Stephen Nellis and Harshita Mary Varghese SAN FRANCISCO, May 27 (Reuters) – Synopsys raised its annual results…\n","protected":false},"author":2,"featured_media":448511,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,137362,363,364,228510,169462,228511,111,139,69,228513,93762,228514,228512,145],"class_list":["post-448510","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-analyst-estimates","tag-artificial-intelligence","tag-artificialintelligence","tag-chip-design-software","tag-elliott-investment-management","tag-jesse-cohn","tag-new-zealand","tag-newzealand","tag-nz","tag-software-side","tag-synopsys","tag-synopsys-ceo-sassine-ghazi","tag-synopsys-ip","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/448510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=448510"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/448510\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/448511"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=448510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=448510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=448510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}