These software companies are unsung winners in the semiconductor industry [Yahoo! Finance News]
Intel Corporation (INTC)
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Source: Yahoo! Finance News
Mention semiconductors and chip giants such as Intel Corp., Advanced Micro Devices Inc. and NVIDIA Corp. spring to mind, but there are other, less high-profile companies, operating in the space that deserve attention.The pandemic has kept semiconductors firmly in the spotlight as a host of industries, from consumer technology to the automotive sector, wrestle with chip shortages. Software companies Synopsys Inc., , Synopsys and Cadence build Electronic Design Automation, or EDA, software, a crucial tool for chip design engineers. In a recent note, J.P. Morgan analyst Harlan Sur described chip design software as a critical, but often overlooked, part of the semiconductor value chain. Companies like Synopsys and Cadence own more than 70% of the chip design software market, he explained, noting that chip design is tied to semiconductor research and development budgets, which don’t get cut in downturns.“These companies have historically grown their revenues even in times
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