Synopsys Stock Rises on AI Deals with OpenAI and Amazon

Synopsys (SNPS) recently announced multi-year collaborations with OpenAI and Amazon focused on AI-driven chip design workflows. The agreements propelled Synopsys' share price up about 4.8% on the day, adding to its recent momentum.

The company's stock has seen a significant increase in value over the past month, with a 7-day return of 15.06% and a 30-day gain of 17.77%. However, year-to-date returns are more modest at 1.97%, while the one-year total shareholder return stands at 4.42%

The acquisition and integration of Ansys have positioned Synopsys as the global leader in engineering solutions from silicon to systems. Recent data shows Q3 FY26 Ansys revenue of about $711 million, with an expected FY26 contribution of around $2.98 billion.