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Jai Hamid

Nvidia Acquires $2 Billion Stake in Synopsys to Accelerate AI-Driven Chip Design

Nvidia purchased $2 billion worth of Synopsys shares at $414.79 each on Monday, deepening a partnership aimed at accelerating chip design through GPU-powered workflows. Synopsys stock rose 4% following the announcement, while Nvidia gained 1%. The collaboration targets compute-intensive design tasks, aiming to reduce weeks-long processes to hours using accelerated computing platforms.