Synopsys (NASDAQ:SNPS) stock observed trading -3.17% off 52-week high price. On the other end, the stock has been noted 54.03% away from low price over the last 52-weeks. The stock disclosed a move of 17.20% away from 50 day moving average and 15.77% away from 200 day moving average. Moving closer, we can see that shares have been trading 6.16% off 20-day moving average. It has market cap of $24.06B.
- DesignWare Interface PHY IP portfolio, including 112G/56G Ethernet, Die-to-Die, PCIe 5.0, CXL, CCIX, and Memory Interfaces, enables highest data rates
- High-Performance Memory Interface IP solution for DDR5, LPDDR5, and HBM2/2E delivers maximum memory bandwidth and power efficiency
- Die-to-Die PHYs for 112G USR/XSR connectivity and for High-Bandwidth Interconnect leveraging wide-parallel technology deliver reliable links with extremely low latency
- Optimized Foundation IP, such as logic libraries, multi-port memory compilers, and TCAMs, delivers maximum performance with low power consumption
On May 11, 2020, Synopsys (NASDAQ:SNPS) declared the industry’s broadest portfolio of high-quality IP on TSMC’s 5nm process technology for high-performance computing system-on chips (SoCs). The DesignWare® IP portfolio on the TSMC process, encompassing interface IP for the most widely used high-speed protocols and foundation IP, accelerates development of SoCs for high-end cloud computing, AI accelerators, networking and storage applications. The combination of Synopsys’ market-leading DesignWare IP and TSMC’s 5nm process enables designers to achieve the aggressive performance, power, and density requirements of their designs, while lowering integration risk.
Our long-term collaboration with Synopsys has resulted in delivering DesignWare IP on the most advanced TSMC processes, enabling our mutual customers to achieve many first-pass silicon successes in a wide range of markets including high-performance computing, said Suk Lee, senior director of the Design Infrastructure Management Division at TSMC. Synopsys’ broad DesignWare IP portfolio on TSMC’s advanced process technologies helps designers quickly incorporate the necessary functionality into their designs, while benefiting from the significant power and performance boost of our 5nm process technology, the most advanced foundry solution.
The USA based company Synopsys moved with change of 0.88% to $161.58 with the total traded volume of 842409 shares in recent session versus to an average volume of 1.47M. The stock was observed in the 5 days activity at 7.04%. The one month performance of stock was 15.35%. SNPS’s shares are at 3.82% for the quarter and driving a 34.71% return over the course of the past year and is now at 15.06% since this point in 2018. Right now the stock beta is 1.13. The average volatility for the week and month was at 2.20% and 2.92% respectively. There are 150.24M shares outstanding and 149.13M shares are floated in market.