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Synopsys (SNPS) Design Platforms Get TSMC Certification

Synopsys SNPS recently announced that the Synopsys Digital Design platform and the Custom Design platform have received the Taiwan Semiconductor Manufacturing Company (TSMC) certification. This will aid its customers in optimizing performance, power and area (“PPA”) for complex advanced system-on-chips (SoCs), which are utilized in high-performance computing applications.

Synopsys’ digital design flow is a transformative platform where industry-leading technologies and products are integrated to form a single data model ensuring the delivery of maximum PPA entitlement and significant productivity. The platform is bolstered by transformative silicon lifecycle management technology and the industry’s first, fully-integrated, 3DIC exploration-to-signoff system. It allows designers to focus less on the mechanics of doing design and more on innovation.

Meanwhile, the company’s custom design flow is a unified suite of design and verification tools that accelerate the development of robust analog and mixed-signal designs. The platform features Custom Compiler, a modern solution for full-custom analog, custom digital, and mixed-signal integrated circuit design, and SNPS’ PrimeSim Continuum solution. Utilizing TSMC's N3E process, Custom Compiler, through this platform, will boost designers’ productivity.

Synopsys’ PrimeSim Continuum solution offers a unified workflow of advanced simulation technologies to accelerate the design and signoff of hyper-converged designs. Per the latest deal, Synopsys will enable its digital and custom design solutions on the Taiwan-based company's high-performing and power-efficient N3E and N4P processes.

Synopsys, Inc. Price and Consensus

Synopsys, Inc. Price and Consensus
Synopsys, Inc. Price and Consensus

Synopsys, Inc. price-consensus-chart | Synopsys, Inc. Quote

Through this deal, Synopsys also intends to ensure the availability of its Foundation intellectual property (“IP”) and Interface IP on TSMC’s N3E and N4P processes. With this move, the company intends to accelerate SoC production while lowering design risks. Both design flows and IP are based on the latest versions of TSMC's design rule manual and process design kits.

 

Synopsys has been benefiting from strong design wins due to its robust product portfolio. Growth in the work-and-learn-from-home trend is driving the demand for bandwidth. Given the current economic scenario, customers are strengthening their supplier relationships and focusing on cost efficiencies and many have selected Synopsys as their primary electronic design automation partner. Relationships with companies, such as Advanced Micro Devices, Juniper Networks, Realtek, Teradici, NetLogic Microsystems, Toshiba and Wolfson, are a testament to the same.

Zacks Rank & Other Key Picks

Synopsys currently sports a Zacks Rank #1 (Strong Buy). Shares of SNPS have climbed 8.9% in the past year.

Some other top-ranked stocks from the broader Computer and Technology sector are Axcelis Technologies ACLS, Baidu BIDU and Analog Devices ADI. While Axcelis and Baidu each sport a Zacks Rank #1, Analog Devices carries a Zacks Rank of 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Axcelis’ second-quarter fiscal 2022 earnings has been revised 3 cents northward to 99 cents per share over the past 60 days. For 2022, earnings estimates have moved 10.3% north to $4.40 per share in the past 60 days.

Axcelis' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 23.5%. Shares of ACLS have soared 30% in the past year.

The Zacks Consensus Estimate for Baidu’s second-quarter 2022 earnings has been revised 31 cents southward to $1.38 per share over the past 30 days. For 2022, earnings estimates have moved 3 cents north to $8.27 per share in the past 30 days.

Baidu's earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 52.9%. Shares of BIDU have dipped 29.3% in the past year.

The Zacks Consensus Estimate for Analog Devices' third-quarter fiscal 2022 earnings has been revised upward by 5 cents to $2.42 per share over the past 30 days. For fiscal 2022, earnings estimates have moved 16 cents north to $9.24 per share in the past 30 days.

Analog Devices' earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 7.7%. Shares of ADI have decreased 11.9% in the past year.


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