Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership

Nvidia on monday Announce It bought $2 billion of… summary‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence Engineering solutions.

As part of the multi-year partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI architecture, expand access to the cloud, and develop joint go-to-market initiatives, Nvidia said. release. Nvidia said it bought Synopsys shares at $414.79 per share.

“Our partnership with Synopsys harnesses Nvidia’s accelerated computing power and artificial intelligence to reimagine engineering and design – empowering engineers to invent extraordinary products that will shape our future,” Nvidia CEO Jensen Huang said in a statement.

Synopsys stock jumped about 7% in premarket trading. Nvidia shares fell about 1%.

Nvidia has been one of the biggest beneficiaries of the AI ​​boom because it makes graphics processing units, or GPUs, which are essential for building and training AI models and running large workloads.

Synopsys offers a range of engineering solutions, including silicon design and electronic design automation, that help its customers build AI-powered products.

“The complexity and cost of developing next-generation intelligent systems requires engineering solutions with deeper integration of electronics and physics, which are accelerated by artificial intelligence and computing capabilities,” Synopsys CEO Sasin Ghazi said in a statement.

The partnership is not exclusive, meaning Nvidia and Synopsys can still work with other companies in the ecosystem.

The two companies will hold a press conference to discuss the announcement at 10 a.m. ET.