Synopsys is trading at $432.72, up 4.25%, after announcing a multiyear agreement worth more than $1 billion with Amazon for custom silicon IP and engineering tools.
- Amazon becomes the lead customer for Synopsys’ expanded application-optimized IP offering.
- The deal introduces a license-plus-royalty model tied to production volumes.
- The Nasdaq was also up, but the reported deal was the clearer direct driver.