Synopsys Announces $1 Billion Plus Multi-Year IP Agreement With Amazon

09:44 AM EDT, 09/30/2026 (MT Newswires) -- Synopsys (SNPS) and Amazon.com (AMZN) entered a multi-year agreement valued at more than $1 billion to accelerate Amazon's custom silicon and AI-powered cloud infrastructure, the companies said Wednesday. The agreement expands Amazon's use of Synopsys' silicon intellectual property, including application-optimized IP, electronic design automation, simulation and analysis tools, and agentic AI capabilities. The companies will also collaborate on AI-powered silicon-to-system workflows, with Synopsys using Amazon Web Services' EC2 and Bedrock services to accelerate its product development, the companies added. Price: 417.21, Change: +2.12, Percent Change: +0.51