Synopsys Shares Surged Today: Exploring the Causes
In a significant move, tech giants Intel and Nvidia have announced a billion-dollar strategic alliance. Nvidia will invest five billion dollars into Intel, with the aim of jointly developing cutting-edge chips. This collaboration, however, does not list Synopsys as a customer of either company.
Synopsys, a company specializing in electronic design automation (EDA) and engineering simulation software, has been in the spotlight recently due to challenges at a major foundry customer. These issues have had a significant impact on Synopsys' third-quarter earnings.
Despite these challenges, Synopsys is a company with a strong track record. Intel, assumed by investors to be the major customer Synopsys is referring to, is a testament to its credibility.
As of noon ET today, Synopsys shares have risen by 10.6%, reaching a current price of $480.36. The day's trading range for Synopsys shares is between $448.00 and $483.20. The 52-week range for Synopsys shares is between $365.74 and $651.73.
The volume of Synopsys shares traded today is 472,938, with an average volume of 2,455,279. The market capitalization of Synopsys stands at $89 billion.
It's worth noting that The Motley Fool Stock Advisor analyst team did not include Synopsys in their latest list of the 10 best stocks for investors to buy now. However, previous examples of stocks that made this list and generated substantial returns include Netflix and Nvidia.
The list of the 10 stocks is available when you join Stock Advisor. If an investor had invested $1,000 at the time of the Netflix recommendation in 2004, they would have $662,520 as of September 15, 2025. Similarly, an investment of $1,000 at the time of the Nvidia stock recommendation in 2005 would have yielded $1,043,346 as of the same date.
The total average return of Stock Advisor is 1,056%, which is a significant outperformance compared to the S&P 500's 188%. These returns highlight the potential for significant returns from the stocks on the list.
However, it's essential to remember that past performance is not a guarantee of future results. Always do your own research and consider your investment goals and risk tolerance before making any investment decisions.
