According to CoinMeta, Synopsys' ( SNPS.US ) stock price soared by more than 10%, reaching a high of $480, a new three-month high. The company raised its full-year performance forecast, expecting revenue to be between $11 billion and $11.2 billion, up from the previous estimate of $9.69 billion to $9.74 billion. Additionally, Synopsys will repurchase approximately $1 billion in shares over the coming months and announced that it has secured a multi-year chip design contract worth over $1 billion from Amazon ( AWS ). The company also reached a deep collaboration with OpenAI to jointly develop a AI model, " GPT-Synopsys ", which specializes in chip design and transistor layout.