"Synopses" has decreased this year's expectations after the restrictions of exporting chips on China

Synopsys Inc., a leader in electronic chips design software, has suspended his financial forecast for the current term and the entire financial year after receiving a notice from the US government on new export restrictions directed at China. The company said in a statement that it received a letter from the “US Department of Trade’s Industrial and Security Office on Thursday, in which it took notice with new restrictions. She added: “Synopses is currently evaluating the potential impact of this notice on his work, industry results and financial situation.” “Synopses” shares closed a 1.6% drop after the announcement, bringing its total losses to more than 10% in two days. The share of its biggest competitor, “Cadence Design Systems Inc”, also fell 1.4%to serious losses Wednesday. ‘Kadins’, in turn, confirmed that she had received a similar speech, according to what was indicated in an organizational disclosure closed on Thursday. The limitation of the sale of software and ‘Bloomberg News’ reported on Wednesday that the administration of President Donald Trump has limited the sale of Chips Design software for China. Last Friday, the operational and security office sent letters to a number of senior electronic design providers asking them to stop consignments to Chinese clients, according to celebrities. The most important manufacturers of this technology include “Cinopsis”, “Cadins” and the German company “Siemens”. At the announcement of its financial results Wednesday, “Cinopsis” CEO Sassin Ghazi said the company had not yet received the office notice, adding: “We cannot speculate on the possible impact of a notice we have not yet received.” ‘Cinopes’ and ‘Kadins’ get less than 20% of their revenue from China, but this market is one of the fastest growing markets in the slice sector, whether in terms of demand or investment in production capacity. “The speech said the office decided that these consignments pose an unacceptable danger to its use or to convert it for military purposes in China or by a Chinese military user.” She added: “The new requirements are complicated, and we have contact with the office to obtain more elucidations while evaluating its impact on our business and financial results.” Basic products The modern chips consist of billions of transistors and compounds, and these microscopic circles can only be designed with sophisticated software that also confirms that the chip will work as needed before the design is sent to the production phase. The products of these businesses are a substantial element in the design of advanced chips, such as those produced by ‘Inviteia’, used in artificial intelligence systems. China is staring at increasing isolation in the manufacturing technology of the US slides in light of the tightening of export regulations in Washington, which is fair with concerns about national security. But the American Chips industry has expressed concern that this increased exclusion will open the door for Chinese local competitors to fill the void. On the other hand, ‘Synopses’ obtained the approval of the US Federal Trade Committee for its planned acquisition of $ 34 billion at the Anseys Inc. software, in an agreement announced in early 2024, but is still awaiting the approval of the regulatory authorities in China.