Tech giants Nvidia and Synopsys have joined forces, with Nvidia investing $2 billion in Synopsys stock to accelerate engineering solutions for computing and AI.
Nvidia has acquired Synopsys stock at a price of $414.79 per share, revealing it has purchased $2 billion worth of the chip designer's common stock.
Nvidia CEO Jensen Huang: "Our partnership with Synopsys harnesses the power of Nvidia accelerated computing and AI to reimagine engineering and design—empowering engineers to invent the extraordinary products that will shape our future."
Synopsys CEO Sassine Ghazi: "The complexity and cost of developing next-generation intelligent systems demands engineering solutions with a deeper integration of electronics and physics, accelerated by AI capabilities and compute."
The partnership is non-exclusive, meaning Nvidia and Synopsys retain the flexibility to collaborate with other companies in the tech ecosystem.
