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Investing.com -- Synopsys (NASDAQ:SNPS) stock soared 10% Monday after NVIDIA (NASDAQ:NVDA) announced a strategic partnership with the company that includes a $2 billion investment in Synopsys common stock.
The multi-year collaboration aims to integrate NVIDIA’s AI and accelerated computing capabilities with Synopsys’ engineering solutions. NVIDIA purchased Synopsys shares at $414.79 per share as part of the deal announced today.
The partnership will focus on accelerating Synopsys applications using NVIDIA’s CUDA-X libraries and AI-Physics technologies, advancing agentic AI engineering, developing digital twin capabilities through NVIDIA Omniverse, and creating cloud-ready solutions for engineering teams.
"CUDA GPU-accelerated computing is revolutionizing design — enabling simulation at unprecedented speed and scale, from atoms to transistors, from chips to complete systems, creating fully functional digital twins inside the computer," said Jensen Huang, founder and CEO of NVIDIA in the announcement.
The companies will also develop joint go-to-market initiatives to drive adoption of GPU-accelerated engineering solutions across multiple industries. The partnership aims to address significant engineering challenges including increasing workflow complexity, escalating development costs, and time-to-market pressure.
Synopsys CEO Sassine Ghazi noted that the collaboration would "re-engineer engineering and empower innovators everywhere to more efficiently realize their innovations."
Both companies emphasized that the partnership is non-exclusive, allowing them to continue collaborating with the broader semiconductor and electronic design automation ecosystem.