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Wajeeh Khan

Nvidia Just Bet $2 Billion on Synopsys. Should You Buy SNPS Stock Too?

Synopsys (SNPS) stock closed up nearly 5% after the artificial intelligence (AI) darling, Nvidia (NVDA), announced a $2 billion stake in the electronic design automation firm.

This strategic partnership is aimed at accelerating next-gen AI and chip-design tools, according to the companies’ joint press release on Monday morning. 

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