Synopsys (SNPS) Announces Sassine Ghazi as COO
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Synopsys (SNPS) Tops Q3 EPS by 40c, Q4 EPS Guidance Comes in Light
August 19, 2020 4:04 PM EDTSynopsys (NASDAQ: SNPS) reported Q3 EPS of $1.74, $0.40 better than the analyst estimate of $1.34. Revenue for the quarter came in at $964.1 million versus the consensus estimate of $894.12 million.
GUIDANCE:
Synopsys sees Q4 2020 EPS of $1.51-$1.56, versus the consensus of $1.69. Synopsys sees... More
Synopsys (SNPS) August 200 straddle priced for a move of 5% into quarter results
August 19, 2020 2:08 PM EDTSynopsys (NASDAQ: SNPS) August 200 straddle priced for a move of 5% into the expected release of quarter results today after the bell.
... MoreNew U.S. curbs threaten Huawei's smartphone crown and hit suppliers
August 18, 2020 2:08 AM EDTBy Josh Horwitz and Hyunjoo Jin
SHANGHAI/SEOUL (Reuters) - Ramped-up U.S. restrictions on Huawei are likely to choke the Chinese company's access to even off-the-shelf chips, threaten its crown as the world's largest smartphone maker and disrupt global tech supply, executives and experts warned.
The Trump administration expanded its curbs on Huawei on Monday and banned suppliers from selling chips made using U.S. technology to the firm without a special license - closing potential loopholes in its May sanctions that could have let Huawei access the tech via third parties.
The curbs... More
U.S. tightening restrictions on Huawei access to technology, chips
August 17, 2020 7:32 AM EDTBy David Shepardson
WASHINGTON (Reuters) - The Trump administration on Monday announced it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its access to commercially available chips.
The U.S. Commerce Department actions expand restrictions announced in May aimed at preventing the Chinese telecommunications giant from obtaining semiconductors without a special license - including chips made by foreign firms that have been developed or produced with U.S. software or technology.
The administration also added 38 Huawei affiliates in 21 countries to the U.S. government's economic blacklist, the sources said, raising the total... More
