Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Nvidia connected Monday announced it has purchased $2 cardinal of Synopsys' communal banal arsenic portion of a strategical concern to accelerate computing and artificial intelligence engineering solutions.

As portion of the multi-year partnership, Nvidia volition assistance Synopsys accelerate its portfolio of compute-intensive applications, beforehand agentic AI engineering, expanding unreality entree and make associated go-to-market initiatives, according to a release. Nvidia said it purchased Synopsys' banal astatine $414.79 per share.

"Our concern with Synopsys harnesses the powerfulness of Nvidia accelerated computing and AI to reimagine engineering and plan — empowering engineers to invent the bonzer products that volition signifier our future," Nvidia CEO Jensen Huang said successful a release.

Synopsys banal jumped astir 7% successful premarket trading. Nvidia shares were down astir 1%.

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