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Cadence Stock vs Synopsys Stock: The Winner Is?

by Nanalyze
May 29, 2023
in Markets
Reading Time: 1 min read
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Diversification sometimes makes decisions more difficult. If you have two companies that are of the same size, and doing roughly the same thing, deciding which one to hold can be tough. Until one is firmly established as a leader, your choice will change as information changes. The easy way out is to purchase both stocks, but what if there’s a limit to how many stocks you can hold?

Around three years ago, we wrote about how to Invest in Many Types of AI Chips With One Stock. That company was Synopsys (SNPS), and they’re one of two publicly traded leaders in the area of electronic design automation (EDA) – basically computer aided design (CAD) software for chipmakers. More recently, we wrote about how Synopsys is using AI to take their platform to the next level. It’s a case of AI using itself to make itself better – a loop of increased learning that eventually leads to artificial general intelligence (AGI). If AI were to evaluate what it needed for global domination, it might well …



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