Changes in US stocks | Demand for AI chip design sparks performance, Synopsys (SNPS.US) surged more than 11% after results

The Zhitong Finance App learned that on Thursday, chip automation design giant Synopsys (SNPS.US) rose by more than 11% as of press release. According to the news, Synopsys announced results for the third quarter of fiscal year 2026. Revenue, profit margins, and earnings per share all exceeded the upper limit of the guideline. The company's third-fiscal quarter revenue increased 42% year over year to US$2.48 billion, better than analysts' average forecast of US$2.44 billion; adjusted net profit was US$750 million, up 37% from US$550 million in the same period last year; and adjusted earnings per share were US$3.91, better than analysts' average expectation of US$3.67. The company is benefiting from the multi-trillion-dollar expansion of artificial intelligence (AI) infrastructure, which is driving demand for complex AI chips and growing demand for advanced design tools. As chip makers increase their investment in more advanced chip systems, the demand for AI-related chip design has increased dramatically.