Synopsys
Activist Pressure Mounts on Synopsys as Elliott Demands Profitability Pivot Amid AI Boom
SANTA CLARA, CA — Shares of Synopsys (NASDAQ:SNPS) rose 2.5% in early trading on Monday, March 23, 2026, following reports that activist investor Elliott Investment Management has built a multibillion-dollar stake in the electronic design automation (EDA) giant. The surge comes as the company faces intensifying pressure to streamline