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SNPS Synopsys News Story

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Synopsys gains on Nvidia's $2 billion investment

Updates

** Chip design software provider Synopsys' SNPS.O shares rise 5.4% to $440.50

** Chipmaker Nvidia NVDA.O invests $2 bln in SNPS at $414.79 per share

** Investment adds to NVDA's tie-ups in the AI ecosystem amid concerns about circular deals

** Up to last close, SNPS had fallen 13.9% this year

 (Reporting by Anhata Rooprai in Bengaluru)

 ((Anhata.Rooprai@thomsonreuters.com))

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