Software-developer Ansys Inc forecast fourth-quarter revenue and profit below market estimates on Tuesday, expecting impact from the tightening of U.S. export restrictions and approval processes.

Despite recent consensus between Washington and Beijing on a trade framework agreement in London, escalating US export restrictions on artificial intelligence (AI) chip design tools have prompted ...

BofA lowered rating on software developer Ansys (NASDAQ:ANSS) to “underperform” from “buy” amid concerns around broader demand trends and US-China export restrictions. The brokerage, which also ...

ANSYS, Inc. reports mixed 3Q23 results with growing ACV, maintenance, and service revenue, but total revenue declined. The US Department of Commerce's export limitations and sales restrictions pose ...

Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company's plans to have artificial intelligence take over parts of designing computer chips at the company's annual user ...

A $35bn merger between US chip design giant Synopsys and engineering software company Ansys is facing delays in Beijing, as China’s antitrust regulator postpones its approval amid rising tensions over ...

After extensive investigations, the deal had received merger clearance in every jurisdiction except China, according to the companies. The deadline to close the deal ends on July 15, but can be ...