$Ansys(ANSS)$ b̤̈ṳ̈l̤̈l̤̈ï̤s̤̈ḧ̤ 🚀🚀🚀🚀🚀🚀🚀

📈✨🤖 $ANSS: Eyeing the Summit! 📈✨🤖

Kia ora Tiger traders!

ANSYS Inc (ANSS) is trading premarket at $348.94 (22Nov24, 🇳🇿NZ Time), and the chart is all but rolling out the green carpet 📐 for a move towards the $412 target zone. The structure is tightening within a classic bullish breakout pattern, and momentum is starting to kick in 🔥.

This stock isn’t just climbing~it’s engineering its way to the top 🛠️, much like its industry-leading simulation tools. ANSS is steadily building a case for a breakout 📊, with a trajectory that could see it scaling higher levels by early 2025.

🚀⚙️ The question now is: can ANSS defy gravity and reach new peaks? The chart suggests the answer is yes~so keep your seatbelt fastened, Tiger traders, and let’s enjoy the ride to the top!

📰 PITTSBURGH, Nov. 21, 2024 /PRNewswire/ -- Ansys  (NASDAQ: ANSS)  has been awarded a contract to supply digital engineering solutions to the Microelectronics Commons to advance national security. The Commons network will have access to nearly 90% of the Ansys simulation suite, including industry-leading semiconductor, electronics, and photonics products to drive the next wave of microelectronics innovation. This effort will be funded through the CHES program in coordination with government and industry partners and will be executed by The Midwest Microelectronics Consortium (MMEC).

The Commons, supported by the Department of Defense, leads a national effort to lower barriers to manufacturing facilities for researchers and innovators. Ansys will join academic institutions, government organizations, and public and private companies poised to reinvigorate the domestic ME supply chain. By providing critical technology and expertise, Ansys will help researchers design chips that are predictively accurate, secure, and reliable.  

To help elevate the domestic microelectronics landscape and bolster the widespread adoption of simulation, Ansys will provide the Ansys Learning Hub to participating technology hubs and their members. Academic institutions within the network will rely on Ansys simulation to educate the next generation of the semiconductor workforce in the critical areas of 5G/6G, AI, EM spectrum dominance, quantum technology, and more. This talent development is instrumental in the vitality and preservation of U.S intellectual property, market influence, and overall national security.

"To become the global leader in the semiconductor industry, it is critical that we bridge the gap between research and practice by accelerating domestic prototyping," said Paul Colestock, director of commercial innovation at MMEC. "The goals of this initiative are bold and essential, requiring reliable tools that allow our teams to explore various designs freely and achieve results more quickly and with greater agility. This is what Ansys brings to the table ” quality, digital engineering technology that will optimize our funding for more robust results."

"Part of Ansys' vision for the future of national security is to onshore domestic capabilities in the semiconductor sector," said John Lee, vice president and general manager of the semiconductor, electronics, and optics business unit at Ansys. "Ansys has decades of experience working directly with chip manufacturers and leading-edge chip designers, and throughout this time we have become experts in the same areas; we learn from them as they learn from us. These relationships underscore Ansys' commitment to improving national distribution and access to critical resources, and we are looking forward to working with the network to solidify our global position in the semiconductor industry."

/ About Ansys

Our Mission: Powering Innovation that Drives Human Advancement™

When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.

Ansys and any and all ANSYS , Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

Happy trading ahead. Cheers, BC 🍀🍀🍀

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