Nvidia Announces Massive Investment in Synopsys

Technology and artificial intelligence giant Nvidia announced a massive

 investment exceeding $2 billion in Synopsys shares.

As a result of this announcement, Synopsys shares surged,

rising by more than 10% in pre-market trading on Monday.

According to Nvidia, this partnership aims to

integrate Nvidia's artificial intelligence capabilities

 with Synopsys' engineering solutions.

Technically

the stock is currently trading near $418,

after rebounding from strong buying pressure near $400,

with expectations of continued gains towards $476 and $516.

What supports the continuation of the upward trend

 is the break of the downtrend line, along with positive signs of accumulation,

 and of course, in addition to the recent positive news.