NewsNTech
Synopsys management expects growth in its chip design tools to reach double digits in the fourth quarter of fiscal 2026 and for the full fiscal year.
This forecast follows an 8.5% year-over-year increase in revenue from these tools during the third quarter of fiscal 2026.
The company attributes the anticipated acceleration to new AI chip design projects that have been accelerating, while noting that non-AI design projects have only stabilized after a period of slowing.
In the third quarter of fiscal 2026, Synopsys reported total revenue growth of approximately 42%, a figure that includes the impact of its acquisition of Ansys.
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