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Synopsys shares rise after strong fiscal 2027 revenue forecast

Synopsys Shares jump 10% after strong 2027 forecast and AI deals

Synopsys shares jumped 10% on Thursday after the chip-design software company issued a stronger-than-expected forecast for fiscal 2027. The company also announced deals with OpenAI and Amazon Web Services. The announcements boosted investor confidence in its growth prospects. Revenue forecast beats estimates Synopsys expects fiscal 2027 revenue to reach between $11.10 billion and $11.20 billion. […]
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