Nvidia will receive $2 billion in a synopsis with an expanded computing power partnership


File photo: NVIDIA CEO JENSEN HUENG speaks before the Taiwex Forum on June 2, 2024 in Taipex, Taiwan, Taiwan.

Ann Wang | Reuters

Nvidia on monday was published He bought 2 billion dollars SinopopsCommon stock “as part of the Instant Partnership”, Accelerate calculations and artificial intelligence Engineering solutions.

As part of the multi-year partnership, Nvidia will bring together a portfolio of concept-intensive applications, advance AI engineering, expand access to the cloud, and enter the joint GO market, according to the release. NVIDIA said it bought at $414.79 per share.

“Partnering with Synopsis gives us the opportunity to have our engineering and design engineers and design engineers create extraordinary products that will shape our future,” said Nvidia CEO Jensen Huang.

In premarket trading, the Chinese stock rose about 7%. Shares of NVIDIA were up about 1%.

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