Letter: Synopsys tells staff to stop sales, services, and new orders in China to comply with new US export curbs, and pulls its annual and quarterly forecasts
(Former name or former address, if changed since last report) Anusuya Lahiri / Benzinga : Synopsys Halts China Sales After US Cracks Down On Chip Design Exports insideHPC : White House Imposing Export Restrictions on EDA Software to China Jordan Novet / CNBC : Synopsys pulls full-year guidance, citing new China export restrictions Charlotte Trueman / DatacenterDynamics : Synopsys suspends financial forecasts, halts Chinese business following updated US export restrictions Stephen Warwick / Tom's Hardware : Chip design software giant pauses China sales and suspends financial guidance — Synopsys slams on the brakes as Washington issues fresh crackdown on semiconductor software exports Tomi Kilgore / MarketWatch : Synopsys says to forget what it said last night. It did get a government letter about exports to China. Angela Palumbo / Barron's Online : Synopsys Confirms China Export Ban. The Stock Drops. Juby Babu / Reuters : Synopsys suspends forecasts after US cracks down on China chip software exports Tobias Mann / The Register : Chip designers latest casualties in US-China trade war Ian King / Bloomberg : Synopsys Suspends Guidance After US Notice on Export Curbs Suhasini Srinivasaragavan / Silicon Republic : US suspends sale of airplane and semiconductor tech to China TechNode : US reportedly orders top EDA firms to halt services to China Jai Hamid / Cryptopolitan : China's tech giants are moving away from Nvidia X: @luke_metro : How much will this actually slow down Chinese tech given that they have cracking & pirating CAD software down to an art form? Martin Chorzempa / @chorzempamartin : Maybe we should be doing such important export control policy by transparent policies instead of relying so much on one off letters. I do understand the desire to avoid stockpiling, but the “is informed” letters could come out at the same time as the rule... William Huo / @wmhuo168 : Imagine letting your rival read every chip blueprint you design. That's what the US just confirmed you've been doing. https://www.theregister.com/ ... Dan Nystedt / @dnystedt : Requiring export licenses on EDA software may be the Trump administration's answer to China's export controls on rare earths. We'll see. @mooremorrissemi : Based on Cadence's 8k, this is not a total ban for China. BIS is doing a licensing regime, banning access to EDA tools only for Chinese chip designers supplying to Chinese military end user $snps $cdns [image] Ray Wang / @rwang07 : More on recent EDA software export restrictions on China. Senior BIS official: “licensing officers haven't been directed to change licensing procedures for items involving China. Many of those licenses are still being held, while others to close U.S. allies and trading partners are being processed.” Ray Wang / @rwang07 : U.S. Semiconductor Software Design Giant Cadence $CDNS Filed 8-K Reports to SEC, Suggesting BIS Has Informed the Company regarding Restrictions on Company's EDA Software Export to China on May 23, 2025. [image] Dan Nystedt / @dnystedt : 2/2 Rival Cadence was told by BIS “a license is now required for the export, re-export or in-country transfer of electronic design automation software and technology (on control list) ... when a party to the transaction is located in China or is a Chinese “military end user” @tbu12345678 : EPS impact of removing China is ~10% to each of $SNPS and $CDNS. the first 10% down move was fair, but everything after has been fear. A) this is another buyable dislocation for EDA and B) what happens to $ARM given Xiaomi used CSS to make the 3nm chip that started this all? Ray Wang / @rwang07 : In its latest 8-K filing with the SEC, Synopsys revealed it received a BIS letter outlining new U.S. export restrictions related to China—just hours after posting Q2 earnings on May 29. $SNPS https://d18rn0p25nwr6d.cloudfront.net/ ... [image] Dan Nystedt / @dnystedt : Synopsys, famous for chip design engineering software (EDA), said it has suspended financial guidance for the 3rd quarter and full-year fiscal 2025 after receiving a letter from the US government's Bureau of Industry and Security (BIS) related to new export restrictions on China, Demetri / @dimi : Synopsys has confirmed that it received a letter on the China export controls from the commerce department on Thursday. Mackenzie Hawkins / @mackhawk : One result of doing China tech policy via individual company letters instead of public regs is that you end up with weird situations like this, where the US curbed some chip design software sales last Friday but didn't capture Synopsys until six days later https://www.bloomberg.com/... [image] @americanfreedom : American innovation shouldn't fuel our greatest adversary. Cutting off China's chip development is a smart step to protect national security. We need to end the CCP's influence and that includes confronting threats like TikTok here at home. https://www.ft.com/...