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Top related persons:
Sassine Ghazi - 7 Synopsys - 3 Ghazi - 2 Aart de Geus - 2 Ansys - 1 Shelagh Glaser - 1 Ajei Gopal - 1 Evercore - 1
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Search resuls for: "Sassine Ghazi"


8 mentions found


☆ Synopsys CEO on Q2 earnings beat
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSynopsys CEO on Q2 earnings beatSynopsys CEO Sassine Ghazi joins 'Money Movers' to discuss the company's earnings, Nvidia, demand for AI, and more.
Persons: Sassine Ghazi Organizations: Nvidia
☆ Synopsys CEO on earnings, AI growth and chip-maker demand
  + stars: | 2024-02-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSynopsys CEO on earnings, AI growth and chip-maker demandSassine Ghazi, Synopsys CEO, joins 'Money Movers' to discuss the comapny's opportunity in the artificial intelligence space, the efforts of the largest tech companies developing their own chips, and much more.
Persons: Sassine Ghazi
☆ Synopsys to acquire graphics software maker Ansys in $35 billion tech deal
  + stars: | 2024-01-16 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +2 min
Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys , an engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. Synopsys will pay consideration of roughly $390 per share: $197 per share in cash and roughly one-third of a Synopsys share for each Ansys share. Synopsys shares were up 3% on Tuesday morning, after a 12% slump since The Wall Street Journal reported in December that the two companies were in advanced talks. Ansys shares slipped 5% but were up more than 14% in that same period since December. The remaining $3 billion nonequity consideration will come from Synopsys' cash.
Persons: Synopsys, Ansys, Sassine Ghazi, Shelagh Glaser, Ghazi, Ajei Gopal, Evercore, Cleary Gottlieb Steen, Hamilton, Goodwin Procter, Raimondo, Chips Organizations: Street, Activision Blizzard, VMware, Cisco, Splunk, Qatalyst Partners Locations: China
☆ Synopsys CEO talks $35 billion Ansys deal
  + stars: | 2024-01-16 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSynopsys CEO talks $35 billion Ansys dealSassine Ghazi, Synopsys CEO, joins 'Closing Bell Overtime' to talk its acquisition of Ansys for $35 billion and its regulatory timeline.
Persons: Sassine Ghazi
☆ Synopsys forecasts robust first-quarter revenue as AI boosts chip-design demand
  + stars: | 2023-11-29 | by ( Harshita Mary Varghese Stephen Nellis | Harshita Mary Varghese | Stephen Nellis | ) www.reuters.com   time to read: +2 min
Nov 29 (Reuters) - Synopsys (SNPS.O) on Wednesday forecast first-quarter revenue above Wall Street expectations, as artificial intelligence (AI) adoption boosted demand for the company's chip designing software. Synopsys forecast current-quarter revenue between $1.63 billion and $1.66 billion, above analysts' average estimate of $1.60 billion. The rise in custom chip design efforts by firms like Microsoft (MSFT.O) and Alphabet (GOOGL.O) has also boosted demand. "You need a very specific silicon in order to power that (AI) training," Sassine Ghazi, the company's president and chief operating officer, said of the boom in AI chips in an interview. Ghazi told Reuters that increased use of Synopsys AI services helped boost the value of some of its contracts by 20% at renewal time.
Persons: Sassine Ghazi, Ghazi, Aart de Geus, Synopsys, Harshita Mary Varghese, Shailesh Kuber, Deepa Babington Organizations: Design, Microsoft, Intel, Mercedes, Benz, Reuters, Revenue, Thomson Locations: Sunnyvale , California
☆ Synopsys names insider Ghazi as CEO
  + stars: | 2023-08-16 | by ( ) www.reuters.com   time to read: 1 min
A man walks through the Synopsys booth during the Black Hat information security conference in Las Vegas, Nevada, U.S. on July 26, 2017. REUTERS/Steve Marcus/File photo Acquire Licensing RightsAug 16 (Reuters) - Synopsys (SNPS.O) said on Wednesday Sassine Ghazi will join as president and chief executive from Jan. 1 next year, taking over from CEO Aart de Geus who will move to the role of executive chair of board of directors. Reporting by Jaspreet Singh in BengaluruOur Standards: The Thomson Reuters Trust Principles.
Persons: Steve Marcus, Sassine Ghazi, Aart de Geus, Jaspreet Singh Organizations: REUTERS, Thomson Locations: Las Vegas , Nevada, U.S, Bengaluru
☆ Stocks making the biggest moves after hours: Cisco Systems, Synopsys, Wolfspeed and more
  + stars: | 2023-08-16 | by ( Pia Singh | ) www.cnbc.com   time to read: +2 min
Cisco Systems — Shares of the computer networking giant gained about 2.5% after posting fiscal fourth-quarter earnings that beat Wall Street's expectations. The company posted adjusted earnings of $1.14 per share, while analysts had forecast $1.06 per share, according to Refinitiv. Synopsys — The stock advanced 2.3% after the electronic design automation company beat fiscal third-quarter earnings expectations. Synopsys reported adjusted earnings of $2.88 per share, which was 14 cents per share higher than analysts' expectations, according to Refinitiv. Wolfspeed reported $236 million in revenue, however, surpassing analysts' expectations of $223 million, according to Refinitiv.
Persons: Synopsys, Sassine Ghazi, Amcor, VinFast Organizations: Cisco Systems —, Revenue, Wednesday, FactSet, Hawaiian Electric Industries, Electric, Street Locations: Refinitiv, California
☆ Synopsys spreads AI throughout its chip design tools
  + stars: | 2023-03-29 | by ( Stephen Nellis | ) www.reuters.com   time to read: +2 min
Synopsys first released an AI tool for one part of the chip design process three years ago, and with customers like Samsung Electronics Co Ltd (005930.KS) and ST Microelectronics (STM.DE) using the system. The tools Synopsys released Wednesday at its annual user conference in Santa Clara, California, spread much further across the chip design process. Synopsys is in a race with Cadence Design Systems (CDNS.O), its largest competitor, to add AI to chip design software. While some of the Synopsys tools released Wednesday are catching up to Cadence, Karl Freund, principal analyst with Cambrian AI research, said Synopsys is ahead, with more than 100 chips by customers using its AI tools coming to market. "I think they'll probably be at 1,000 (completed chip designs) by the end of the year."
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