Chip design software firms climb as US lifts curbs on China exports

Chip design software firms climb as US lifts curbs on China exports

Shares of Synopsys and Cadence Design Systems jumped on Thursday after the United States lifted export restrictions on chip design software to China, easing major uncertainty around access to the crucial market. The two companies, along with Germany’s Siemens, said they were resuming availability of their electronic design automation (EDA) tools for Chinese customers. De-escalating […]

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