Synopsys, a leading electronic design automation (EDA) company, reported stronger-than-expected fiscal third-quarter results for the 2026 fiscal year (3QFY26) as the AI boom drove higher spending on chips and infrastructure. The company said revenue rose 42.4% year-over-year to US$2.48 billion, topping market expectations of US$2.44 billion, and it raised its full-year revenue and profit outlook.