Latest news with #ANSYS
Yahoo
29-05-2025
- Business
- Yahoo
FTC will Require Synopsys and ANSYS to Divest Assets to Resolve Merger Concerns
The Federal Trade Commission (FTC) announced on Wednesday that it will require Synopsys, Inc. (NASDAQ:SNPS) and ANSYS, Inc. (NASDAQ:ANSS) to divest certain assets to proceed with their $35 billion merger. A close-up of a tech engineer soldering a modern system-on-chip circuit board in a laboratory setting. According to the commission, the proposed divestiture order will preserve competition across several software tool markets that are vital to semiconductors and light simulation devices. The FTC also added that the order will protect consumers from higher input prices for phones, cars, cameras, televisions, and other products. Under a proposed consent order, Synopsys, Inc. (NASDAQ:SNPS) will divest its optical software tools and photonic software tools, whereas ANSYS, Inc. (NASDAQ:ANSS) is required to divest PowerArtist, a power consumption analysis tool. Both companies will sell their assets to Keysight Technologies, Inc. The order also requires the two companies to complete the divestitures within 10 days of Synopsys, Inc. (NASDAQ:SNPS) closing the acquisition of ANSYS, Inc. (NASDAQ:ANSS). Both will also have to provide a limited amount of technological support and transition services to Keysight so that it can immediately compete with the merged company. While we acknowledge the potential of SNPS and ANSS as investments, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNPS and ANSS and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None.
Yahoo
29-05-2025
- Business
- Yahoo
FTC will Require Synopsys and ANSYS to Divest Assets to Resolve Merger Concerns
The Federal Trade Commission (FTC) announced on Wednesday that it will require Synopsys, Inc. (NASDAQ:SNPS) and ANSYS, Inc. (NASDAQ:ANSS) to divest certain assets to proceed with their $35 billion merger. A close-up of a tech engineer soldering a modern system-on-chip circuit board in a laboratory setting. According to the commission, the proposed divestiture order will preserve competition across several software tool markets that are vital to semiconductors and light simulation devices. The FTC also added that the order will protect consumers from higher input prices for phones, cars, cameras, televisions, and other products. Under a proposed consent order, Synopsys, Inc. (NASDAQ:SNPS) will divest its optical software tools and photonic software tools, whereas ANSYS, Inc. (NASDAQ:ANSS) is required to divest PowerArtist, a power consumption analysis tool. Both companies will sell their assets to Keysight Technologies, Inc. The order also requires the two companies to complete the divestitures within 10 days of Synopsys, Inc. (NASDAQ:SNPS) closing the acquisition of ANSYS, Inc. (NASDAQ:ANSS). Both will also have to provide a limited amount of technological support and transition services to Keysight so that it can immediately compete with the merged company. While we acknowledge the potential of SNPS and ANSS as investments, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNPS and ANSS and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: ChatGPT Stock Advice: Top 12 Stock Recommendations and 10 Cheap Rising Stocks to Buy Right Now. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
30-03-2025
- Business
- Yahoo
Ansys (ANSS) and GlobalFoundries Join Forces to Advance Photonic Chip Design with AI
We recently published a list of . In this article, we are going to take a look at where ANSYS, Inc. (NASDAQ:ANSS) stands against other AI news and ratings making waves on Wall Street. According to a Fortune Business Insights report, the global data center market, valued at $242.72 billion in 2024, is expected to grow to $585 billion by 2032, at a compound annual growth rate of 11.7%. North America led the market in 2024, holding a nearly 39% share. According to the report, generative AI is significantly impacting the sector, as its deep learning models require substantial computing power, scalable storage, and high-performance infrastructure. The market is also shifting towards hybrid and multi-cloud strategies, enabling organizations to integrate public, private, and on-premise solutions efficiently. Additionally, modular data centers are gaining traction due to their cost-effectiveness, scalability, and faster deployment compared to traditional facilities, the report stated. The expansion of AI infrastructure through large-scale data center investments reflects the growing need for computational power. Companies are securing energy sources and developing specialized facilities to address scalability, sustainability, and efficiency challenges. For example, Related Companies is advancing into AI-driven data center development through its new division, Related Digital, using its expertise in renewable energy to meet rising demand from major tech firms. In an interview at CNBC's 'Squawk on the Street,' CEO Jeff Blau highlighted the company's strategic move to assemble a specialized team to lead these projects. To support the growth, Related has secured sites with over five gigawatts of power across the U.S., investing $500 million of its own capital while planning to raise an additional $8 billion. With firms like Microsoft and Alphabet significantly increasing their capital expenditures, demand from hyperscalers remains strong. To mitigate risk, Related is securing long-term, 15-year commitments from tenants before beginning construction. Given the limited availability of power on the grid, Blau sees the company's early investment in securing capacity as a major competitive advantage in the fast-evolving AI infrastructure landscape. For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's Q4 database of over 1000 hedge funds. At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). An engineer with a diagram of a systems analysis, illustrating the complexity of its product suite. Number of Hedge Fund Holders: 74 ANSYS, Inc. (NASDAQ:ANSS) develops engineering simulation software for product design, analysis, and optimization across various industries. On March 27, Ansys and GlobalFoundries announced their partnership to certify four Ansys photonic solvers for the GF Fotonix platform, improving simulation capabilities for photonic chip design. The collaboration enables engineers to model both passive and active photonic components with high accuracy, supporting applications in AI, autonomous vehicles, data centers, and IoT. The certified Ansys Lumerical tools allow for comprehensive optical, electrical, and thermal simulations. Both companies emphasize the importance of high-fidelity modeling in addressing design challenges, and helping customers develop advanced, high-capacity chips with greater efficiency. Overall, ANSS ranks 5th on our list of AI news and ratings making waves on Wall Street. While we acknowledge the potential of ANSS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ANSS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Globe and Mail
26-03-2025
- Business
- Globe and Mail
IonQ Just Announced a Major Quantum Computing Milestone. Should You Buy IONQ Stock Now?
The race for quantum computing dominance is gathering steam as companies push the boundaries of innovation. Investors looking to get in early have their eyes on IonQ (IONQ). A rising star in quantum computing and networking, IonQ has reached a major milestone in collaboration with ANSYS (ANSS), a leader in computer-aided engineering (CAE). Together, they have shown that quantum computing can outperform classical methods in designing life-saving medical devices. One of the first Ansys LS-DYNA applications tested with IonQ simulated blood pump dynamics, a critical step in optimizing medical device efficiency. Running on IonQ's quantum systems, the simulation delivered up to 12% faster processing than traditional computing. With the technology poised to create a significant shift, investors could find promising opportunities in this stock. About IonQ Stock IonQ (IONQ), headquartered in College Park, Maryland, stands at the forefront of quantum computing, developing general-purpose systems. With a market cap of $5.7 billion, it offers three quantum computing solutions: the high-powered Aria system, the commercial-grade Forte system, and the on-premises Forte Enterprise system. Strategic alliances have been a driving force behind IonQ's rapid ascent. Collaborations with Amazon (AMZN), Microsoft (MSFT), and Alphabet (GOOG) have provided a robust foundation for expansion. The impact is evident as revenue surged to $43.1 million in 2024, marking a 96% year-over-year increase. Over the past 52 weeks, IONQ skyrocketed 178%, with an even more impressive 215% gain over the last six months. IONQ's valuation commands attention, trading at a steep 68.14 times forward sales. The premium reflects the market's confidence in its disruptive potential, yet it also serves as a reminder of the high risks involved. A Closer Look at IonQ's Q4 Earnings On Feb. 26, IonQ delivered its Q4 earnings report, featuring its strongest financial performance to date. The company reported revenue of $11.7 million, surging 91.8% year-over-year, leaping past the company's guidance range of $7.1 million to $11.1 million and the consensus estimate of $10.3 million. New bookings reached $22.7 million for Q4 and $95.6 million for the full year, exceeding the guidance range of $75 million to $95 million. Despite this, the company reported an EBITDA loss of $32.8 million, widening 64.3% from the previous year quarter's $20 million. Losses per share widened 365% and landed at $0.93, missing Wall Street estimates. However, IonQ stands on solid financial ground, backed by $54.4 million in cash and cash equivalents. To fuel its expansion, IonQ also unveiled an 'at-the-market' equity offering program, opening the door to raising up to $500 million in capital. Moreover, IonQ is acquiring a controlling stake in ID Quantique (IDQ), a Geneva-based global leader in quantum-safe networking and sensing. This underscores IonQ's strategic bet on quantum networking, an essential component for scaling its quantum computing capabilities. Expanding its global footprint, the company has joined forces with South Korea's largest telecom giant, SK Telecom (SKM), to accelerate quantum technology adoption across Asia. On top of that, it secured the largest quantum computing contract of 2024, a $54.5 million deal with the U.S. Air Force Research Lab, recently sweetened by an additional $21.1 million for 2025. Looking forward, IonQ projects 2025 revenue between $75 million and $95 million, a potential 120% leap at the high end of guidance. Meanwhile, analysts monitoring the company expect IonQ's loss per share to narrow by 49.4% year over year to $0.79 in fiscal 2025 and shrink further by 1.3% in fiscal 2026. What Do Analysts Expect for IonQ Stock? IonQ is surging forward in the quantum computing race. Executive Chair Peter Chapman projects profitability with sales reaching nearly $1 billion by 2030. That marks a tenfold increase in just a few years, setting the stage for extraordinary growth. Analysts continue to back IONQ's potential, giving it a consensus rating of 'Moderate Buy.' Of the six analysts covering the stock, three advocate a 'Strong Buy,' one recommends a 'Moderate Buy,' and two suggest a 'Hold.' The average price target of $42.17 represents potential upside of 65%, while the Street-high target of $54 suggests an even greater leap of 111.4% from current levels.
