Synopsys Inc
SNPSQ3 2023Estimated7% AI
AI Revenue %
7%
AI Fair Value
$2.7B
AI Revenue (Q)
$94.8M
Total Revenue (Q)
$1.4B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q3 FY2023 (ending Jul 31, 2023): Total revenue $1,487.3M (later restated as $1,354.4M continuing ops). Design Automation $1,004.2M, Design IP $350.2M, Software Integrity $132.9M. AI chip design boom accelerating mid-2023; NVIDIA H100 demand surging, new AI chip startups emerging. Synopsys benefits from increased design starts at advanced nodes (3nm/2nm) for AI chips. Design IP demand for HBM3 interface IP growing. Estimated 7%. $1,354.4M * 7% = ~$94.8M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $1,487,288 thousand (including Software Integrity)
10-Q Condensed Consolidated Statements of Income, Three Months Ended July 31, 2023
Design Automation: Revenue $1,004,156 thousand
Note 17. Segment Disclosure, Three Months Ended July 31, 2023
Design IP: Revenue $350,234 thousand
Note 17. Segment Disclosure, Three Months Ended July 31, 2023
AI Products Identified (Ring 1)
Synopsys.ai EDA suiteHBM3 interface IPAdvanced node EDA for AI acceleratorsVerification/emulation for AI SoCs
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Software Integrity segmentLegacy node EDANon-AI IP blocks
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix