StocksMediumUpdated•Originally published 30 September 2026•Updated 30 September 2026•
1 min read
Synopsys Partners with OpenAI, Targets $11.15 Billion Revenue by Fiscal 2027
Key Facts
1Synopsys announced a strategic multi-year IP agreement with Amazon for custom silicon design.
2The company is hosting its 2026 Investor Day in New York to present long-term financial targets and silicon-to-systems strategy.
Synopsys announced a strategic partnership with OpenAI for AI-powered chip design. According to the company, it projects revenue growth to $11.15 billion for fiscal year 2027 and has introduced a new shareholder return policy.
The announcements were made during the company's 2026 Investor Day in New York, where it detailed its silicon-to-systems strategy alongside its existing agreement with Amazon. SNPS closed at $415.09 on September 29, 2026, while AMZN closed at $246.67 on the same date.