Synopsys stock identified change of 47.47% away from 52-week low price and recently located move of -5.97% off 52-week high price. It has market worth of $17513.5M . SNPS stock has been recorded 0.08% away from 50 day moving average and 17.40% away from 200 day moving average. Moving closer, we can see that shares have been trading -2.09% off 20-day moving average.
Synopsys (NASDAQ:SNPS) reported that Synopsys and Arm have collaborated to enable tapeouts of optimized system-on-chip (SoC) design and verification for early adopters of Arm’s latest premium mobile processor IP, including the Arm® Cortex®-A77 CPU and Mali™-G77 GPU. Synopsys solutions enable optimized design of smartphones, laptops, other mobile devices, 5G, augmented reality (AR), and machine learning (ML) products using Arm’s new processors including Synopsys’ Fusion Design Platform™, Verification Continuum™ Platform, and DesignWare® Interface IP. In addition, Synopsys’ QuickStart Implementation Kits (QIKs) for Cortex-A77 and Cortex-A55 in 7-nanometer (nm) process technology using Arm Artisan® Physical IP and POP™ IP are available today to accelerate time-to-market and achieve optimal power, performance, and area (PPA).
“For more than 25 years, our collaboration with Synopsys has enabled designers to bring innovative products to market quickly while meeting power, performance, and area targets,” said Ian Smythe, vice president of marketing, Client Line of Business, Arm. “Building on the previous successes of the Cortex-A76 and the Neoverse N1 platform, early engagement with Synopsys on our new suite of IP has delivered complete solutions to enable the next generation of Arm-based mobile devices.”
The QIKs for Cortex-A77 and Cortex-A55 leverage the collaboration that enabled successful early adopter tapeouts of products using the previous generation of Arm premium mobile processor IP. The QIKs, which include implementation scripts and reference guides, take advantage of new Fusion Technology to deliver enhanced PPA and faster turnaround. The QIKs were built using Arm POP technology optimized for these Arm-based mobile processors in 7nm process technology. To help designers achieve their targets quickly and confidently, Synopsys offers design services based on extensive experience hardening Arm processors; services available range from QuickStart implementation through turnkey core hardening.
The Technology sector company, Synopsys noticed change of -0.26% to $116.71 along volume of 1944275 shares in recent session compared to an average volume of 1130.16K. The stock observed return of -3.86% in 5 days trading activity. The stock was at -2.50% over one month performance. SNPS’s shares are at 13.43% for the quarter and driving a 29.20% return over the course of the past year and is now at 38.54% since this point in 2018.
The average volatility for the week at 3.06% and for month was at 2.24%. There are 150.06M shares outstanding and 148.66M shares are floated in market. Right now the stock beta is 1.29.
Category – Market Movers
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