Nvidia announced at CES 2026 that it will accelerate Siemens' electronic design automation (EDA) software using its GPUs to speed up chip design processes and create digital twins for testing chips and systems before manufacturing.
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.
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.,