May 28 (Reuters) - Synopsys ( SNPS ) forecast
third-quarter revenue largely above Wall Street estimates on
Wednesday, driven by strong demand for its semiconductor design
software, as companies ramp up spending on AI chips.
The company projected current-quarter revenue between $1.76
billion and $1.79 billion, while analysts on average expect
$1.76 billion, according to data compiled by LSEG.