AIBullishBlockonomi · 3h ago6/10
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Piper Sandler Boosts Synopsys (SNPS) Rating as Intel Foundry Gains Traction
Piper Sandler upgraded Synopsys to Overweight with a $550 price target, citing momentum in Intel's foundry business and potential collaborations with Apple and Google. The upgrade reflects growing confidence in Synopsys' positioning within Intel's semiconductor manufacturing ecosystem and advanced chip design partnerships.