04:13 AM EDT, 07/03/2025 (MT Newswires) -- Synopsys ( SNPS ) said the Bureau of Industry and Security of the US Department of Commerce informed the company that export restrictions related to China have been "rescinded," effective immediately.

The company is working to restore access to the recently restricted products in China, it said late Wednesday.

"Synopsys ( SNPS ) is continuing to assess the impact of export restrictions related to China on its business, operating results, and financials," it added.

Shares of the company jumped more than 5% in premarket activity Thursday.

Price: 554.00, Change: +30.89, Percent Change: +5.91