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  • Intel Announces Leadership Appointments to Strengthen Core Business and Foundry Strategy

    Intel Announces Leadership Appointments to Strengthen Core Business and Foundry Strategy

    Viz R.

    Intel Announces Leadership Appointments to Strengthen Core Business and Foundry Strategy

    Intel today announced several senior leadership appointments designed to strengthen its core product business, build a trusted foundry, and foster a stronger engineering culture across the company. The changes position the company to accelerate growth in data center, client computing, and custom silicon.

    Kevork Kechichian has joined as executive vice president and general manager of the Data Center Group (DCG), overseeing Intel’s data center activities in cloud and enterprise, including the Xeon processor family. He brings more than 30 years of experience, most recently serving as executive vice president of engineering at Arm, where he led technology development and the shift from IP licensing to full-stack solutions. He previously held senior engineering roles at NXP Semiconductors and Qualcomm. CEO Lip-Bu Tan said Kechichian’s strategic vision, technical depth, and operational rigor will help Intel capture growth opportunities in the data center market.

    Jim Johnson has been named senior vice president and general manager of the Client Computing Group (CCG), after serving in an interim role. A 40-year Intel veteran, Johnson has led multiple units and will drive innovation and growth across PC and edge ecosystems as Intel prepares to launch a new generation of products. Tan highlighted his steady leadership and trusted industry relationships.

    Srini Iyengar, SVP and Fellow, will lead Intel’s newly formed Central Engineering Group, including horizontal engineering functions and a new custom silicon business for external customers. Iyengar joined Intel from Cadence Design Systems and brings deep expertise in custom silicon and collaboration with hyperscale data center customers. Tan said the role aligns innovation and execution to serve customers.

    Naga Chandrasekaran will expand his leadership of Intel Foundry to include Foundry Services, creating a more integrated structure spanning technology development, manufacturing, and go-to-market. Kevin O’Buckley will continue as SVP and GM of Foundry Services, reporting to Chandrasekaran.

    Michelle Johnston Holthaus, chief executive of Intel Products, will depart after more than three decades with the company and will serve as a strategic advisor to ensure a smooth transition. Tan thanked her for her transformative leadership.
    For more info. visit: https://newsroom.intel.com/corporate/intel-announces-key-leadership-appointments

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  • Synopsys Expands GenAI Copilot Capabilities to Accelerate Chip Design

    Viz R.

    Synopsys Expands GenAI Copilot Capabilities to Accelerate Chip Design

    Synopsys announced an expansion of its Synopsys.ai Copilot GenAI capabilities to speed semiconductor design, help handle more complex designs, and boost engineering velocity amid a workforce shortage. The company positions AI as a core element of modern chip design, using reinforcement learning and GenAI to optimize silicon performance, improve efficiency, and accelerate time-to-market across its Synopsys.ai suite. The expanded Copilot features, covering assistive and creative tasks across the design flow, are already in use with early access customers and are delivering measurable gains in design quality and productivity, shrinking workflows from days to hours and from hours to minutes.

    Generative AI-powered Copilot capabilities now include New Ansys Engineering Copilot, which deepens GenAI simulation capabilities. Ansys, now part of Synopsys, recently introduced Ansys Engineering Copilot—a virtual assistant that helps shorten learning curves and boost engineer productivity when using Synopsys simulation tools. The release also updates Ansys SimAI, a physics-agnostic tool blending the predictive accuracy of simulation with AI speed, and SimAI is integrated with Ansys optiSLang to accelerate dataset creation and AI training for broader design variation exploration and shorter development cycles.

    AgentEngineer Technology Under Development—First Prototype Demonstrated highlights the next frontier. Synopsys’ GenAI capabilities underpin AgentEngineer, designed to enable progressive autonomous execution in engineering workflows. A prototype was showcased at DAC 2025 in collaboration with Microsoft Discovery, signaling a new paradigm for agentic AI. Synopsys envisions advancing AgentEngineer from single-agent steps to multi-agent collaboration, then dynamic flow optimization and autonomous decision making.

    Learn more at synopsys.com/ai.html.
    For more info. visit: https://news.synopsys.com/2025-09-03-Synopsys-Announces-Expanding-AI-Capabilities-for-its-Leading-EDA-Solutions

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  • Cadence to Acquire Hexagon’s Design & Engineering Unit to Boost Multiphysics System Design

    Viz R.

    Cadence to Acquire Hexagon’s Design & Engineering Unit to Boost Multiphysics System Design

    Cadence Design Systems announced a definitive agreement to acquire the Design & Engineering (D&E) business of Hexagon AB, including MSC Software, for about €2.7 billion. The deal funds 70% in cash and 30% in Cadence common stock to Hexagon, and is expected to close in the first quarter of 2026, subject to regulatory approvals.

    The acquisition accelerates Cadence’s Intelligent System Design strategy by expanding its System Design & Analysis portfolio and strengthening its presence in structural analysis alongside its existing electromagnetics, electrothermal, and CFD capabilities. Hexagon D&E brings flagship multiphysics solvers, notably MSC Nastran and Adams, which are industry standards for structural and multibody dynamics simulation. These tools will augment Cadence’s capabilities and enable a unified, end-to-end multiphysics platform that supports earlier, more integrated analyses during the design cycle.

    This move enhances Cadence’s reach into aerospace, automotive, robotics, and industrial applications, complementing its Beta CAE acquisition from 2024. The combined solution set aims to drive convergence of electrical and mechanical design—supporting robotics, autonomous systems, physical AI, and electrified vehicle development. The deal also broadens Cadence’s customer base to major OEMs and Tier 1 suppliers including Volkswagen Group, BMW, Toyota, Lockheed Martin, BAE, and Boeing.

    Hexagon D&E generated about $280 million in revenue in 2024 and employs over 1,100 people across global sites, with strong R&D, sales, and support teams. The transaction signals Cadence’s push to offer comprehensive, converged simulation for tomorrow’s complex systems.

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  • Synopsys Reports Q3 2025 Results; Ansys Merger Drives Transformation and 2025 Outlook

    Viz R.

    Synopsys Reports Q3 2025 Results; Ansys Merger Drives Transformation and 2025 Outlook

    Synopsys, Inc. (Nasdaq: SNPS) reported its third quarter of fiscal year 2025 results with revenue of about $1.74 billion, up from $1.53 billion a year earlier. The company framed Q3 as a transformational quarter driven by the closing of the Ansys acquisition, expanding its portfolio and AI-powered product opportunities, while noting weakness in the Design IP business offset strength in Design Automation. GAAP net income was $242.5 million ($1.50 per diluted share) versus $425.9 million ($2.73) in the prior year’s quarter. On a non-GAAP basis, net income rose to $548.9 million ($3.39 per diluted share) from $535.5 million ($3.43) a year ago.

    Business segments show Design Automation generating $1,312.1 million and Design IP $427.6 million in quarterly revenue (about 75.4% and 24.6% of total, respectively). Adjusted operating income by segment was $583.8 million for Design Automation (44.5% margin) and $86.0 million for Design IP (20.1% margin).

    For the fourth quarter and full fiscal year 2025, Synopsys provided targets: revenue of $2.23–$2.26 billion for Q4 and $7.03–$7.06 billion for FY2025; GAAP expenses $2.115–$2.139 billion and non-GAAP expenses $1.440–$1.450 billion; non-GAAP tax rate of 16%; outstanding shares about 187–188 million. Non-GAAP EPS is guided to $2.76–$2.80 for Q4 and $12.76–$12.80 for FY2025; GAAP EPS is guided to a negative range for Q4 and $5.03–$5.16 for FY2025. Operating cash flow is projected near $1.13 billion and free cash flow about $0.95 billion, with capital expenditures around $180 million.

    Notes: Synopsys completed the Software Integrity sale in 2024 and acquired Ansys in 2025. The company also cautions that forward-looking targets are subject to risks including macro conditions and export controls.

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