Synopsys revenue grows 42% on AI chip design

Synopsys booked $2.477 billion in fiscal Q3 revenue, up 42% year over year, while Design IP returned to growth at $474 million as AI-chip complexity increased demand for electronic-design automation. Futurum’s earnings summary ties the quarter to AI compute, infrastructure, and physical-AI design; the earnings-call transcript records raised fiscal-year revenue guidance of $9.69 billion to $9.74 billion. For custom-silicon teams, this is a reminder that AI spending is pulling demand into design tools before chips reach the data center; Nvidia’s capex capture is only half the supply-chain story.