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Synopsys Q4 results top estimates amid AI-led demand boost

Investing.com --  Synopsys reported Wednesday better-than-expected fourth-quarter results as the chip designer benefited from the wave of AI-led semiconductor demand.  

Synopsys Inc (NASDAQ:SNPS) shares gained more than 1% in after-hours trade following the report.

Synopsys reported adjusted EPS of $3.17 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $3.04 on revenue of $1.58B.

 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.