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Tech stocks like APH, ANSS, ANET, FTNT and IBM are poised to benefit from the ongoing tech rally.

Ansys AI technology improves 3D-IC design productivity, while the broader collaboration advances innovative 3D-IC thermal, mechanical stress, and photonic solutions for AI, HPC, and high-speed data communication semiconductors / Key Highlights Ansys artificial intelligence (AI)-driven solutions demonstrate higher productivity when designing components of 3D integrated circuits (ICs) and provide seamless automation for critical tasks Ansys multiphysics platform supports TSMC customers' reliability analysis needs for evolving 3D-IC design Ansys and TSMC developed a comprehensive multiphysics analysis workflow for TSMC's compact universal photonics engine (COUPE) for optical data communication PITTSBURGH , Sept. 25, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and TSMC have expanded their collaboration to leverage AI for advancing 3D-IC design and develop next generation multiphysics solutions for a wider array of advanced semiconductor technologies.

Ansys, TSMC, and Microsoft collaborate to speed-up simulation and analysis of silicon photonic components over 10X / Key Highlights Ansys Lumerical™ FDTD 3D electromagnetic simulation software for photonic components demonstrates 10X faster simulation with Microsoft Azure Virtual Machines using NVIDIA graphics processing units (GPUs) With the scalability of Azure cloud, Ansys software delivers a comprehensive platform ideal for ushering in the next wave of silicon Photonic Integrated Circuit (PIC) technology for applications in data communications, biomedical tools, automotive LiDAR systems, and artificial intelligence (AI) PITTSBURGH , Sept. 24, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and TSMC today announced a successful pilot with Microsoft that significantly speeds-up the simulation and analysis of silicon photonic components.

Ansys (ANSS) reported earnings 30 days ago. What's next for the stock?

Ansys' (ANSS) $35 billion acquisition deal with Synopsys is reportedly under close regulatory examination in the United Kingdom.

The UK Competition and Markets Authority (CMA) has announced its intention to review the proposed $35 billion acquisition of Ansys by Synopsys.  This review comes amid growing concerns about market consolidation and competition within the global chip design software sector, a critical area for technological innovation and advancement.

The U.K. antitrust regulator has confirmed that it's carrying out an early-stage inquiry into Synopsys‘s plans to buy Ansys.

UK's competition watchdog said on Monday it was looking into whether chip design software maker Synopsys' $35 billion acquisition of Ansys would affect competition in Britain.

ANSYS Inc ANSS reported second-quarter 2024 earnings of $2.50 per share, beating the Zacks Consensus Estimate by 28.9%. The bottom line increased 56.3% year over year.

Ansys (ANSS) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.60 per share a year ago.