Synopsys Issues Statement in Connection to the Lifting of Recent U.S. Export Restrictions Related to China | SNPS Stock News

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2 days ago
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  • The U.S. Department of Commerce rescinded specific export restrictions to China, benefiting Synopsys (SNPS, Financial).
  • Synopsys received official notification on July 2, 2025, and is working to restore access to previously restricted products in China.
  • The company continues to evaluate the impact of export restrictions on its operations and financial performance.

Synopsys, Inc. (Nasdaq: SNPS) announced that the U.S. Department of Commerce's Bureau of Industry and Security has lifted certain export restrictions to China that were initially imposed on May 29, 2025. This rescission was officially communicated to Synopsys on July 2, 2025, allowing the company to resume activities related to previously restricted products in the Chinese market.

The lifting of these restrictions is set to enable Synopsys to restore access to its comprehensive range of products, although the company remains cautious. It is actively assessing the broader implications these changes may have on its business operations, financial outcomes, and strategic positioning in the Chinese market.

Synopsys is a leader in providing innovative silicon to system design solutions, and the latest developments are expected to enhance its market presence in China, a significant hub for technology and semiconductor activities. Despite the positive move, Synopsys is mindful of potential future uncertainties related to trade policies impacting China.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.