Conway was named a Fellow of the Computer History Museum for her pioneering work in microchip design and her contributions to the VLSI revolution. This recognition solidified her status as a major figure in the history of computing.

Conway received the IEEE James H. Mulligan, Jr. Education Medal for her innovative contributions to engineering education, particularly in the field of VLSI design. The award recognized her impact on the development of new teaching methods and curriculum materials.

Lynn was inducted into Electronic Design's Engineering Hall of Fame. This honor recognized her substantial and lasting contributions to the field of electrical engineering.

The Franklin Institute awarded Lynn Conway the Benjamin Franklin Medal in Electrical Engineering. This prestigious award acknowledged her fundamental contributions to computer architecture and VLSI design.

Conway received an honorary Doctor of Science degree from the University of Victoria, recognizing her pioneering work and significant impact on the field of computer science and her contributions to social justice.