Nvidia's $2 billion investment and Synopsys's expanded AI partnership
NVDA NVIDIA Corp
$237.47 -0.74%
View chart & analysis → - 1Nvidia invested $2 billion in Synopsys.
- 2Synopsys stated at its September investor day that AI is creating multiple growth drivers.
- 3The company announced plans including a long-term revenue growth target in the mid-10% range.
So what's the key point?
Nvidia expanded its cooperation by investing $2 billion in Synopsys. Synopsys plans to grow its revenue into the mid-10% range through artificial intelligence.
Source The Motley Fool +1 · View original ↗
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