Synopsys pulls full-year guidance, citing new China export restrictions

Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company's plans to have artificial intelligence take over parts of designing computer chips at the company's annual user conference in Santa Clara, California, on March 19, 2025.Synopsys pulled its guidance for the full fiscal year on Thursday, citing a letter it received from the U.S. Commerce Department on restrictions of sales of its products in China. The stock dropped about 3%.The announcement comes one day after Synopsys C ...