Synopsys pulls full-year guidance, citing new China export restrictions

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Synopsys pulls full-year guidance, citing new China export restrictions

cnbc.com/2025/05/29/synopsys-china-export.html

Synopsys pulled its guidance for the full fiscal year on Thursday, citing a letter it received from the U.S. Commerce Department on restrictions of sales of its products in China. The stock dropped about 3%.
The announcement comes a day after Synopsys CEO Sassine Ghazi disputed a report…

This story appeared on cnbc.com, 2025-05-29 18:25:02.