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Chip Stocks Are Expanding Into Software Markets -- Is This a Bad Move?

By Jose Najarro and Nicholas Rossolillo – Jan 27, 2023 at 7:45AM EST

These two semiconductor investors are back to discuss how semiconductor companies continue to invest in software development.

In today's video, Jose Najarro and Nick Rossolillo discuss Nvidia (NVDA 2.21%), Synopsys (SNPS +3.25%), Cadence (CDNS +3.77%), Ansys (ANSS +0.00%), Siemens (SIEGY 1.54%), and how chips are given a purpose via software applications. Jose does have some concerns about these software investments. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Jan. 24, 2023. The video was published on Jan. 24, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Nvidia. Nicholas Rossolillo has positions in Cadence Design Systems, Nvidia, and Synopsys. The Motley Fool has positions in and recommends Cadence Design Systems, Nvidia, and Synopsys. The Motley Fool recommends Ansys. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Synopsys Stock Quote

Synopsys

NASDAQ: SNPS
$437.09 (+3.25%) $+13.74
Nvidia Stock Quote

Nvidia

NASDAQ: NVDA
$182.81 (2.21%) $4.13
Cadence Design Systems Stock Quote

Cadence Design Systems

NASDAQ: CDNS
$299.20 (+3.77%) $+10.87
Siemens Aktiengesellschaft Stock Quote

Siemens Aktiengesellschaft

OTC: SIEGY
$149.21 (1.54%) $2.34

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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