Technology / Semiconductor / Internet Research

Nicolas Baratte

Nicolas Baratte has been a financial analyst since 2000, covering the Semiconductor sector and Global Technology. Nicolas has worked on the sell-side for JPMorgan, CLSA. On the buy-side for a Tiger fund and Prudential. Nicolas has covered semiconductors, Asian hardware and components, and the Global Tech supply chain. Nicolas lives mostly in Taiwan, sometimes in France and is in New York regularly.

Synopsys Q2 FY26. Beat, Raise, Crash & Hello There Elliott

Cadence @ BofA Global Technology Conference 2026. Key Takeaways & Full Transcript

SNPS, CDNS. Babies Out With SaaSpocalypse Bathwater Or Fair Game?

NVIDIA Invests $2 Billion In Synopsys. But Why?

Synopsys: AI Silicon Complexity Is Exploding—Why Its Verification & Simulation Tools Are Becoming Essential!

Equity Bottom-Up

<ul>
<li>The March market correction on Iran War was short lived and the rebound was furious – and illustrates the belief that both parties (US, Iran) desperately need a settlement . </li>
<li>There are interesting disconnects between Semi (up a lot) and Software (down a lot). Intrinsically it does not make sense: the business model of AI entire ecosystem is Application Software. </li>
<li>SOXX is expensive. Hyperscalers have recovered by 20-25% in April. Software remains depressed. Some firms will be hit by AI competitors but have a look at Cadence, Synopsis, Service Now. </li>
</ul>


The March market correction on Iran War was short lived and the rebound was furious – and illustrates the belief that both parties (US, Iran) desperately need a settlement . 
There are interesting disconnects between Semi (up a lot) and Software (down a lot). Intrinsically it does not make sense: the business model of AI entire ecosystem is Application Software. 
SOXX is expensive. Hyperscalers have recovered by 20-25% in April. Software remains depressed. Some firms will be hit by AI competitors but have a look at Cadence, Synopsis, Service Now. 


Now that S&P and Nasdaq Are Back to Positive Territory, What to Do (In Tech)?

Synopsys Inc

Now that S&P and Nasdaq Are Back to Positive Territory, What to Do (In Tech)?