Jim Cramer recently discussed Synopsys, Inc. (SNPS) and its role in the semiconductor supply chain. SNPS shares dropped 35.8% after missing analyst estimates with $1.74B in revenue and $3.39 profit-per-share. Cramer questioned if Intel’s relationship with SNPS contributed to its decline.
SNPS saw a boost in July when the Trump administration eased restrictions on China product sales. Cramer also highlighted SNPS’s connection with NVIDIA, suggesting a potential government deal for long-term rare mineral agreements. This move could impact NVIDIA’s stock positively.
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Read more at Yahoo Finance: Jim Cramer Wonders Whether “Intel Crushed” Synopsys, Inc. (SNPS)
