Software-developer Ansys Inc forecast fourth-quarter revenue and profit below market estimates on Tuesday, expecting impact from the tightening of U.S. export restrictions and approval processes.

BofA lowered rating on software developer Ansys (NASDAQ:ANSS) to “underperform” from “buy” amid concerns around broader demand trends and US-China export restrictions. The brokerage, which also ...

Despite recent consensus between Washington and Beijing on a trade framework agreement in London, escalating US export restrictions on artificial intelligence (AI) chip design tools have prompted ...

Synopsys this week received approval from Chinese regulators to complete its $35 billion acquisition of Ansys, removing the final obstacle to closing the deal, which happens July 17. The green light ...