Synopsys stock: Unsung hero of the AI revolution

Key Points

Synopsys, known for semiconductor design, has a strong AI focus, with customers including AMD, Intel, and Nvidia.
Synopsys incorporates AI and machine learning in its software solutions, introducing Synopsys.ai for end-to-end AI in design.
In the chip design sector, Synopsys and Cadence are top performers, with Altair leading among smaller players.
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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Synopsys (SNPS)	4.1064 of 5 stars	$566.73	-0.4%	N/A	62.42	Buy	$601.00
Altair Engineering (ALTR)	3.5261 of 5 stars	$90.50	-0.6%	N/A	1,005.56	Moderate Buy	$94.60
ANSYS (ANSS)	3.6376 of 5 stars	$327.71	+0.1%	N/A	65.81	Reduce	$320.00
Autodesk (ADSK)	4.8438 of 5 stars	$221.21	+0.4%	N/A	52.54	Hold	$274.67
Cadence Design Systems (CDNS)	4.7641 of 5 stars	$288.81	0.0%	N/A	75.21	Moderate Buy	$326.11
Intel (INTC)	4.9747 of 5 stars	$31.83	-0.6%	1.57%	33.16	Hold	$39.58
Technology Select Sector SPDR Fund (XLK)	N/A	$211.82	-0.2%	0.61%	36.81	Hold	N/A
NVIDIA (NVDA)	4.7272 of 5 stars	$924.79	-2.0%	0.02%	77.45	Moderate Buy	$966.55
Advanced Micro Devices (AMD)	4.4552 of 5 stars	$164.47	+1.1%	N/A	241.87	Moderate Buy	$185.26

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About Kate Stalter

stalterkate@gmail.com

Contributing Author

Retirement, Asset Allocation, and Tax Strategies

Experience

Kate Stalter has been a contributing writer for MarketBeat since 2021.

Additional Experience

Series 65-licensed investment advisor, financial advisor, Blue Marlin Advisors; investment columnist for Forbes, U.S. News & World Report

Areas of Expertise

Asset allocation, technical and fundamental analysis, retirement strategies, income generation, risk management, sector and industry analysis

Education

Bachelor of Arts, Saint Mary’s College, Notre Dame, Indiana; Master of Business Adminstration, Kellogg School of Management at Northwestern University

Past Experience

Founder, financial advisor for Better Money Decisions; editor, stock trading instructor for Investor’s Business Daily; columnist, podcast host, video host for MoneyShow.com; contributor for Morningstar magazine