From Yahoo Finance: 2025-05-29 15:18:00

Synopsys Inc. (SNPS) suspends financial guidance for Q3 and full fiscal year 2025 after receiving a letter from the Bureau of Industry and Security regarding new export restrictions concerning China. China accounts for about 12% of Synopsys’ annual revenue.

The BIS communication arrived post-earnings call where Synopsys reaffirmed its FY25 outlook. The company is currently evaluating the impact of the restrictions on its operations and financial performance. Details of the communication have not been disclosed.

Synopsys is a prominent provider of silicon-to-systems design solutions including electronic design automation software, silicon IP, and system-level verification tools. The company is assessing how the recent export restrictions may affect its business outlook and operations.

For investors seeking AI stocks, some may offer higher returns and limited downside risk compared to SNPS. An article outlines related events to the BIS communication. The potential of SNPS as an investment is acknowledged, but other AI stocks may hold greater promise for delivering higher returns.

Read more: Synopsys (SNPS) Halts Guidance After BIS China Export Notice