Synopsys suspends forecasts after US cracks down on China chip software exports

June 1, 2025

, By The Economic Times

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Synopsys suspended its annual and quarterly forecasts just a day after issuing them, as new U.S. export restrictions on China cast uncertainty over its ability to sell chip design software in the key market.

Shares of the company were down marginally in extended trading after closing the session nearly 2% lower.

The company said it received a letter from the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce, informing Synopsys of new export restrictions related to China, after reporting results on Wednesday.

“Synopsys is…

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Synopsys suspends forecasts after US cracks down on China chip software exports

June 1, 2025

, Published By The Economic Times

Synopsys suspended its annual and quarterly forecasts just a day after issuing them, as new U.S. export restrictions on China cast uncertainty over its ability to sell chip design software in the key market.

Shares of the company were down marginally in extended trading after closing the session nearly 2% lower.

The company said it received a letter from the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce, informing Synopsys of new export restrictions related to China, after reporting results on Wednesday.

“Synopsys is…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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