Nvidia invests $2 billion in Synopsys for AI engineering partnership
By
Neha Kumari
Nvidia has announced that it has partnered with Synopsys and has made an investment, revealing it has purchased $2 billion worth of chip designer’s common stock to accelerate computing and artificial intelligence (AI) engineering solutions. Nvidia acquired Synopsys stock at a price of $414.79 per share. This multi-year partnership is designed to blend Nvidia’s dominance in AI hardware with Synopsys’ expertise in silicon design and electronic design automation (EDA).
According to the companies, the core goals of the collaboration include:
