Nvidia announces $2 billion investment in California-based Synopsys for advanced chip design solutions
By
Neha Kumari
Chip-making giant Nvidia Corp. has invested $2 billion in the stock of chip-design software company Synopsys Inc. as part of a wider engineering and design partnership, marking the latest substantial investment by the company in one of its suppliers.
Nvidia purchased the shares at $414.79 each, the company stated in a press release on Monday.
