Synopsys (SNPS) in BlackRock Science and Technology Term Trust Q2 2024

Driving Innovation in Electronic Design Automation

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Apr 15, 2025
Summary
  • Leader in electronic design automation (EDA) software.
  • Strong market presence with comprehensive EDA solutions.
  • Risks include competitive pressures and technological advancements.
  • Recent performance supported by robust demand for EDA tools.
  • Future outlook remains strong with continued innovation in semiconductor design.

Synopsys (SNPS, Financial) was a notable inclusion in the BlackRock Science and Technology Term Trust's Q2 2024 commentary, underscoring its leadership in electronic design automation. The company's comprehensive suite of EDA tools is essential for semiconductor design, driving innovation and efficiency in the industry.

"Synopsys' leadership in EDA software is a critical component of our investment strategy, supporting the growth of the semiconductor industry." — BlackRock Science and Technology Term Trust, Q2 2024 Fund Letter

Read full letter at gurufocus blackrock science and technology term trust q2 2024 commentary 2024 Q2 page.