Nvidia Buys $2 Billion of Chip Software Maker Synopsys Stock

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Nvidia Corp. invested $2 billion in chip-design software maker Synopsys Inc. as part of a broader engineering and design tie-up, aiming to infuse its AI-computing technology into more industries.

Nvidia purchased the shares at $414.79 each, the companies said in a statementBloomberg Terminal on Monday. The stake represents 2.6% of Synopsys’ outstanding stock.