The United States lifted export restrictions on exports of chip design software to China, a trio of chip design software companies said.

By Arsheeya Bajwa and Medha Singh (Reuters) -Shares of Synopsys and Cadence Design Systems jumped on Thursday after the U.S. lifted export curbs on chip design software to China, easing uncertainty around access to the crucial market.

The U.S. has lifted some curbs on exports of chip-design software to China, according to three companies that say they are working to restore access to recently restricted products.