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Eda Tools

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Chip Software Stocks Rise as US-China Export Restrictions Eased

Originally Published 6 months ago — by Investor's Business Daily

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Source: Investor's Business Daily

Shares of Cadence and Synopsys rose after the U.S. lifted export restrictions on electronic design automation tools to China, removing a key overhang and potentially boosting revenue and deal prospects, with Cadence hitting a buy point and both stocks surging.

US Tightens Tech and Semiconductor Export Restrictions on China

Originally Published 7 months ago — by TechCrunch

Featured image for US Tightens Tech and Semiconductor Export Restrictions on China
Source: TechCrunch

The US has imposed new export restrictions on electronic design automation (EDA) software from companies like Siemens EDA, Cadence, and Synopsys to China, aiming to limit China's ability to develop advanced AI chips, which is impacting both Chinese tech development and the US chip industry.,