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

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

NASDAQ: SNPS

Synopsys

Market Cap

$89B

Today's Change

(2.30%) $13.17

Current Price

$586.30

Price as of May 23, 2024, 4:00 p.m. ET

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 9.32%), Synopsys (SNPS 2.30%), Cadence (CDNS 0.63%), Ansys (ANSS 0.56%), Siemens (SIEGY 1.20%), 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.

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.