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Sunnyvale, California-based Synopsys, Inc. (SNPS) provides electronic design automation software products used to design and test integrated circuits. With a market cap of $71.2 billion, the company provides design technologies to creators of advanced integrated circuits, electronic systems, and systems on a chip.
Companies worth $10 billion or more are generally described as “large-cap stocks.” SNPS effortlessly fits that bill, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the software infrastructure industry.
