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Sasin Ghazi, CEO of Semiconductor Design Software Synopsys, explains that the company is planned for artificial intelligence to capture computer chips at an annual company conference in Santa Clary, California, March 19, 2025.
Stephen Nelis | Reuters
Consistent On Thursday, he pulled out his recommendations for the full financial year, citing a letter received from the US Trade Trade Department for sales its products in China. The stock declined about 3%.
The ad comes through the day after the CEO Synopsys Sassine Ghazi challenged the report What the White House told the company as well as competitors Cadence and Siemensto stop selling customers in China. He said he wanted to refer to speculation.
“Currently, Synopsys assesses the potential impact of BIS letters on its business, operational results and financial state,” the company said on Thursday.
At a conference with analysts on Wednesday, Gazz said the company saw a slowdown in China during its Fiscal second quarterending on April 30. About 10% Synopsys’ 1.6 billion dollars of quarterly income came from customers in China.
Competition in China is hard. Synopsys said the Chinese government has created a policy that promotes its own companies and supported investment funds, trying to develop an independent design know-how.
“Recall how we started when – in 2024, informing that we see both the aggregate impact in China and in the macrosyad situation in China, made us continue to report that this slowdown would continue, and this wind intensified when we pass through every quarter,” he said. The 2025 fiscal year ends in October.
See: Synopsys suspends Q3 and FY 2025 through the day after providing it
