Synopsys, a computer chip design company, is forecasting second quarter revenues and profit, greater than what Wall Street is estimating for them. The US based company anticipates a surge of demand for AI compatible chips. It is curious to note that this news is coming not too long after Elon Musk’s ambition to raise $5 to $7 trillion dollars in funding for increasing capacity of manufacturing of AI chips.
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Huge development!
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ynopsys, a computer chip design company, is forecasting second quarter revenues and profit, greater than what Wall Street is estimating for them. The US based company anticipates a surge of demand for AI compatible chips. It is curious to note that this news is coming not too long after Elon Musk’s ambition to raise $5 to $7 trillion dollars in funding for increasing capacity of manufacturing of AI chips.