US Software Stocks Raise Q2 Earnings and Annual Guidance Amid AI Chip Design Demand

US electronic design automation (EDA) software company Synopsys, Inc. (NASDAQ: SNPS) reported fiscal 2026 second-quarter revenue of $2.276 billion, marking a year-over-year increase. Both GAAP and non-GAAP earnings per share (EPS) surpassed the company’s prior guidance, prompting Synopsys to raise its full-year revenue forecast to $9.665 billion and its non-GAAP EPS outlook to $14.76 per share.

The company attributed its performance to strong operating results, disciplined cost management, and accelerated synergies following its acquisition of Ansys. Synopsys noted that the accounting impact related to the Ansys channel will be EPS-neutral, partially offset by expected proceeds from the planned divestiture of its processor IP solutions business.

Synopsys plans to hold an Investor Day on September 30, 2026, to outline its long-term financial goals and strategic roadmap.

In its SEC filing, Synopsys disclosed that CFO Shelagh Glaser sold a portion of her shares under a pre-established Rule 10b5-1 trading plan, generating approximately $1.53 million in proceeds. The conversion of restricted stock units (RSUs) upon vesting for Chief Legal Officer Janet Lee—and the related share repurchase to cover tax withholding—were characterized by the company as routine executive compensation and tax-settlement activities, rather than open-market transactions.

Synopsys has also deepened its partnerships with global foundries. It expanded its collaboration with Samsung Foundry to deliver production-proven IP, AI-driven EDA tools, and test solutions for AI and multi-die chip designs, and partnered with TSMC to develop certified EDA flows and an IP portfolio optimized for advanced process nodes and packaging technologies. Through these alliances, Synopsys is strengthening its foothold in the AI chip design ecosystem. (Data Center Dynamics)

As the global leader in EDA software and design IP for semiconductor development, Synopsys has built an integrated design and simulation platform spanning chip design to multiphysics simulation since its acquisition of Ansys. Amid the rapidly increasing complexity of AI chip development, the company is gaining recognition for AI-driven automation solutions such as DSO.ai and hardware-accelerated verification tools that help shorten design cycles and enhance quality. (Synopsys.com; Ad Hoc News)