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To: Return to Sender who wrote (93444)	12/4/2024 6:43:10 PM
From: Johnny Canuck	1 Recommendation Recommended By Return to Sender Respond to of 95333

SNPS guides to lower than expect EPS and rev for next quarter. Tailwind due to few new designs in China due to expect sales restriction by the US. This might be an emerging theme for a lot of companies even those the sell AI related chips. MRVL rallying today of AI data centre related sales, but they are coming off a low base. AVGO may be the same way as their new AI is a small percent of overall sales but grow at high double to triple digits rates. >>>>>>>>>>>>>>>> Synopsys shares fall after sales outlook misses estimates A man walks through the Synopsys booth during the Black Hat information security conference in Las Vegas · Reuters Stephen Nellis and Zaheer Kachwala Wed, December 4, 2024 at 2:52 PM PST 2 min read In This Article: SNPS +3.12% By Stephen Nellis and Zaheer Kachwala (Reuters) - Chip design software firm Synopsys on Wednesday forecast fiscal 2025 revenue below Wall Street expectations thanks in part to a slump in China sales as the U.S. tightens controls on what chip technology can be sold to the country. Shares of the Sunnyvale, California-based company fell 6.6% in extended trading after the forecast. Synopsys Chief Financial Officer Shelagh Glaser told Reuters the company still expects to close its $35 billion deal to acquire engineering software firm Ansys in the first half of 2025. Synopsys forecast fiscal 2025 revenue in the range of $6.75 billion to $6.8 billion, with the entire range below estimates of $6.91 billion, according to LSEG data. Glaser said that a change in Synopsys fiscal calendar to make it easier to merge its financial reporting with Ansys lowered the company's full-year revenue forecast by about $80 million. But the larger driver of the revenue was a continued sales drop in China, where the U.S. earlier this week imposed new limits on chip technology exports. Glaser said that the list of companies Synopsys can no longer sell to in China has grown, and some of those Chinese customers that remain are hesitating with plans for new chips because of uncertainty around whether they will be able to have the chips manufactured. "It's kind of a cumulative impact of restrictions," Glaser said. Glaser said the election as U.S. president of Donald Trump, who has promised to impose new tariffs on Chinese imports, did not change Synopsys' outlook for closing the Ansys deal. "We certainly have expectations that each jurisdiction has its own criteria and reviews," Glaser said. "But that actually was true from the beginning, and there was always going to be an election." Synopsys forecast adjusted earnings per share for the full year to be between $14.88 and $14.96 per share, while analysts expected $14.88 per share. The company forecast first-quarter revenue between $1.44 billion and $1.47 billion, compared with estimates of 1.64 billion. It expects adjusted EPS for the first quarter to be between $2.77 and $2.82 per share, compared with estimates of $3.53 per share. Revenue for the fourth quarter ended Nov. 2 was $1.63 billion, in line with estimates. On an adjusted basis, the company earned $3.40 per share, above estimates of $3.30 per share. (Reporting by Zaheer Kachwala in Bengaluru and Stephen Nellis in San Francisco; Editing by Krishna Chandra Eluri and Stephen Coates)

To: Return to Sender who wrote (93444)

12/5/2024 6:52:59 PM

From: Return to Sender

Read Replies (1) | Respond to of 95333

11 New 52 Week Highs on the NDX Today and the same 2 New 52 week lows - [MCHP MDLZ]:

New Highs:

Mon	Tues	Wed	Thur
AAPL	AAPL	AAPL	AAPL
APP	APP	AMZN	AMZN
COST	BKNG	APP	APP
MRVL	COST	COST	BKNG
ORLY	META	DDOG	CSCO
TTD	MRVL	ISRG	MAR
	TTD	META	META
		MRVL	NFLX
		NFLX	PYPL
		PYPL	TSLA
		ROP	TTWO
		TEAM
		TTD