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Valued at $68.5 billion by market cap, Sunnyvale, California-based Synopsys, Inc. (SNPS) delivers trusted and comprehensive silicon-to-systems design solutions, from electronic design automation to silicon IP and system verification and validation.
Companies worth $10 billion or more are generally described as “large-cap stock,” Synopsys fits this bill perfectly. Given the company’s extensive customer base spanning various industries and its influence in the IC designing and testing market, its valuation above this mark is not surprising.