Nvidia’s investments have raised concerns of circular deals that prop up the valuations of certain companies and put money into the hands of customers, who in turn buy its chips. Photo by Justin Sullivan/Getty Images/Postmedia files

Nvidia Corp. invested US$2 billion in chip-design software maker Synopsys Inc. as part of a broader engineering and design tie-up, aiming to infuse its AI-computing technology into more industries.

Nvidia purchased the shares at US$414.79 each, the companies said in a statement on Monday. The stake represents 2.6 per cent of Synopsys’ outstanding stock.

California-based Synopsys is one of the largest providers of software and services used to design electronic components. It aids with designing the complex layout of billions of transistors and conne

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