What Would It Take For Synopsys Stock To Move Higher?

Shares of Synopsys (SNPS) rose 30% over the past month, compared with a 2.5% gain for the S&P 500. This climb followed the company's Investor Day on September 30 alongside new deals with OpenAI and Amazon. The climb offers a sign that buyers may be betting on AI. One part of that bet involves Design IP, the business that licenses ready-made pieces of chips. That division shrank last fiscal year. So is Design IP growing again.