US stocks surge | Synopsys Technology (SNPS.US) up nearly 5% The company said the US has withdrawn export restrictions against China.

According to the Zhitong Finance APP, on Thursday, Synopsys Inc. (SNPS.US) rose nearly 5% to $547.10. In terms of news, the company announced that on July 2nd, they received a notification from the US Department of Commerce's Bureau of Industry and Security, stating that export restrictions related to China have been lifted, effective immediately. Synopsys is working to resume sales of recently restricted products in China and will continue to assess the impact of export restrictions related to China on its business, operations, and finances. At the same time, Chinese semiconductor companies have also confirmed receiving notifications from overseas EDA companies.