Synopsys, Amazon Extend Custom Silicon and AI Chip Design Pact

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Synopsys and Amazon have extended their agreement for custom silicon and AI chip design. This multi-year pact, valued at over $1 billion, focuses on application-optimized IP and a new business model.

Key facts

• Synopsys and Amazon have entered a multi-year agreement focused on custom silicon and AI chip design.
• The agreement is valued at over $1 billion.
• The pact expands Synopsys' silicon IP business to address demand for application-optimized IP.
• The agreement involves evolving Synopsys' business model to a license-plus-royalty structure.
• The collaboration aims to support Amazon's development of specialized hardware for its services and products.