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Actionable news in SNPS: Synopsys, Inc.,

Synopsis Maintains Momentum

Year to date, shares of Synopsys (SNPS) are up nearly 35% as the company continues to benefit from its intellectual licensing business. Synopsys reports earnings on Wednesday. Can it maintain its momentum?

Over the last decade, semiconductor companies have come to rely on the Electronic Design Automation industry for verification tools and intellectual property, as well as design software.

EDA is often seen as a backwater of the semiconductor equipment industry, but without software to design...