NVIDIA Corp (NASDAQ:NVDA) shares are trading higher on Monday. CEO Jensen Huang provided commentary on recent AI concerns after the company announced an expanded partnership with Synopsys Inc (NASDAQ:SNPS), aimed at reshaping the design and engineering industries.

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What To Know: Huang joined Synopsys CEO Sassine Ghazi on CNBC's “Squawk on the Street” Monday morning to highlight how the collaboration will bring GPU‑accelerated computing to some of the most demanding design and engineering workflows.

“This is a huge deal. The partnership we’re announcing today is about revolutionizing one of the most compute-intensive industries in the world, design and engineering,” Huang told CNBC. “We’re able to do simulations at a speed and scale unimaginable in the past.”

The partnership will allow Synopsys to tap into Nvidia CUDA, physical AI and Omniverse to reinvent tools across areas like electronic design automation, system design, computer‑aided engineering and even drug discovery. By doing so, it opens the door for advanced computing to play a much bigger role in the design ...