SUNNYVALE, Calif. - Synopsys, Inc. (NASDAQ:SNPS) has announced that its AI-driven digital and analog design flows have been certified by Intel (NASDAQ:INTC) Foundry Services for the advanced Intel 18A process. This collaboration is aimed at accelerating the development of high-performance semiconductor designs, as revealed at the Intel Foundry Direct Connect 2024 event.
The certification signifies that Synopsys' Electronic Design Automation (EDA) flows are optimized to meet the stringent power, performance, and area (PPA) targets required by the cutting-edge Intel process. Synopsys' comprehensive portfolio of Foundation IP and Interface (NASDAQ:TILE) IP, tailored for Intel's technology, is expected to reduce integration risks and speed up time to market for chipmakers.
In addition to the EDA flows, Synopsys has introduced the 3DIC Compiler, a platform designed to enable complex multi-die system designs that utilize Intel 18A and EMIB (Embedded Multi-die Interconnect Bridge) technologies. This tool aims to streamline the design process from exploration to signoff, addressing the sophisticated requirements of multi-die system design.
Synopsys is also working closely with Intel Foundry to enhance its EDA flows, leveraging Intel's PowerVIA backside routing and RibbonFET transistors, which are integral to the 18A process. The collaboration extends to the Synopsys Analog QuickStart Kit (QSK) and the Synopsys Custom Compiler process design kit (PDK), both of which are designed to deliver high-quality designs with fast turnaround times.
The announcement highlights the shared goal of Synopsys and Intel Foundry to support the silicon proliferation in the semiconductor industry through ecosystem collaboration. The availability of Synopsys' Digital Design Family and Custom Design Family tools, as well as the ongoing development of a broad Synopsys IP portfolio for Intel 18A, is part of this strategic partnership.
This collaboration is based on a press release statement.
InvestingPro Insights
As Synopsys, Inc. (NASDAQ:SNPS) forges ahead with strategic partnerships and technological advancements, it's crucial for investors to assess the company's financial health and market position. With a robust gross profit margin of 80.36% over the last twelve months as of Q1 2023, Synopsys demonstrates its ability to maintain profitability amidst its innovative endeavors. This impressive margin is a testament to the company's efficiency and is a key metric for investors considering the stock.
Additionally, the company's performance has been strong, with a significant 25.55% price total return over the last six months, reflecting investor confidence and market momentum. This aligns with the company's recent developments, such as the certification of its design flows by Intel Foundry Services. Synopsys' market capitalization stands at a solid $81.97 billion, further underscoring its significant presence in the semiconductor industry.
InvestingPro Tips reveal that Synopsys is trading at a high earnings multiple, with a P/E ratio of 66.65, suggesting that the market has high expectations for the company's future earnings growth. This is an important consideration for investors looking for growth opportunities in the tech sector. For those interested in a deeper analysis, InvestingPro offers additional insights; there are 15 more InvestingPro Tips available for Synopsys, including its operating efficiency and market valuation multiples. To access these valuable tips and enhance your investment strategy, visit https://www.investing.com/pro/SNPS and use coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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