Sassine Ghazi, the CEO of Synopsys Inc (NASDAQ:SNPS), emphasized the company’s crucial role in the chip design industry, particularly for NVIDIA Corporation (NASDAQ:NVDA).
What Happened: Ghazi spoke with Jim Cramer on Tuesday, highlighting Synopsys’ significance in the creation of graphics chips that power advanced artificial intelligence (AI) technology. Nvidia, a major player in the chip industry, is reliant on Synopsys’ electronic design automation software for chip architecture, design, and verification, reported CNBC.
“We’re mission critical to the chip design industry, and in this particular case, Nvidia,” Ghazi stated. “Every designer inside Nvidia is using our software to architect it, to actually design it and verify it. Then, once they’re ready to ship it to manufacturing, we are the bridge to manufacturing. So, we work with the foundry, with the silicon, and our software to enable it.”
He also discussed Synopsys’ recent acquisition of Ansys, an engineering and product design software firm, for $35 billion. Ghazi believes that the combined capabilities ...