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Last year, Synopsys' revenue from AI chips surpassed $500 million, and it is expected to continue growing over the next decade. The AI processor market is projected to exceed $100 billion by 2030, becoming a major driver of growth in the semiconductor market. Synopsys has generated over $500 million in revenue from AI chips, primarily from its AI-supported EDA tools.

Intel and Synopsys expand their partnership to jointly develop a range of intellectual property (IP) for Intel's foundry services. By collaborating with Synopsys, Intel aims to accelerate the availability of IP on its advanced foundry nodes, allowing mutual customers to bring differentiated products to market faster. This cooperation marks an important milestone for Intel, complementing its existing partnerships with other IP and EDA suppliers.