These chip-design software stocks are climbing after a U.S.-China trade deal

Tech Stocks

Siemens, Synopsys and Cadence said the U.S. has lifted export controls restricting sales and business in China

Last Updated: July 3, 2025 at 3:11 p.m. ET
First Published: July 3, 2025 at 11:49 a.m. ET

Shares of chip-design software companies Synopsys Inc., Cadence Design Systems Inc. and Siemens AG climbed on Thursday after the companies said the U.S. had lifted export controls restricting sales and business in China as part of a trade deal reached last month.

Cadence’s stock CDNS was up 5.1% at the market close on Thursday, while Synopsys’s stock SNPS was up 4.9%. Siemens’s Germany-listed shares XE:SIE also finished fractionally higher.