Ansys secures TSMC certification for chip design analysis

PITTSBURGH - Ansys (NASDAQ: ANSS), a $28.12 billion market cap technology leader with impressive gross profit margins of 92.48%, has announced the certification of its PathFinder-SC solution for electrostatic discharge (ESD) reliability analysis by Taiwan Semiconductor Manufacturing Company (TSMC). This certification is for TSMC’s N2 process technology, which is used in advanced semiconductor designs. According to InvestingPro analysis, the company appears slightly undervalued based on its Fair Value metrics, suggesting potential upside for investors.

PathFinder-SC is designed to verify electrical design rules for final validation, addressing the growing complexity and size of chips. It offers enhanced capacity and performance, enabling large-scale designs to be accommodated in the cloud, which is particularly beneficial for System-on-Chip and multi-die integrated circuits. This solution helps in protecting chips from electrical overstress, ensuring the delivery of safe and reliable semiconductor products across various applications such as AI, high-performance computing, 5G mobile communications, automotive, memory, and GPUs. The company’s strong market position is reflected in its robust financial health, with a current ratio of 3.01 and revenue growth of 12.11% in the last twelve months.

The collaboration between Ansys and TSMC also led to the certification of Ansys SeaScape, including RedHawk-SC, PathFinder-SC, and RedHawk-SC Electrothermal, as well as Ansys Totem. These certifications promote the use of the cloud for high-capacity, high-speed verification, offering mutual customers reliability and accuracy in a distributed cloud environment.

Lipen Yuan, senior director of advanced technology business development at TSMC, emphasized the importance of innovative design solutions in enhancing the performance and power efficiency of their process technologies. John Lee, vice president and general manager at Ansys, highlighted the multiphysics platform’s strength in various physics areas and its role in supporting complex chip designs through cloud technology.

Ansys has been providing simulation software for over 50 years, aiding innovators across different industries in transforming their ideas into reality. The company’s mission is to power innovation that drives human advancement. InvestingPro has identified 13 additional investment tips for Ansys, including insights about its earnings outlook and financial stability. Subscribers can access detailed analysis and comprehensive financial metrics to make informed investment decisions.

The information for this article is based on a press release statement.

In other recent news, Ansys has been at the center of several significant developments. The United Kingdom’s competition regulator approved Synopsys’ $35 billion acquisition of Ansys after the companies addressed concerns about potential innovation stifling and price increases. Ansys reported strong fourth-quarter performance, with its annual contract value surpassing consensus estimates by 5 percentage points and revenue exceeding expectations by 4 percentage points on a constant currency basis. Citi analyst Tyler Radke raised Ansys’s stock price target to $371, maintaining a neutral rating, while noting that Ansys will not provide future results and guidance due to the ongoing transaction with Synopsys.

In collaboration news, Ansys and Baker Hughes achieved a milestone in computational fluid dynamics by running the largest commercial Fluent CFD simulation to date, significantly reducing simulation run time. Ansys has also partnered with NVIDIA to advance cardiovascular research by integrating AI, simulation, and visualization technologies, aiming to make high-fidelity simulation more accessible in healthcare. Additionally, Ansys plans to integrate NVIDIA Omniverse into its simulation software, enhancing data preparation and visualization for industries such as automotive and aerospace. These recent developments highlight Ansys’s ongoing commitment to innovation and collaboration across various sectors.

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