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How are the 'Magnificent 7' Tech stocks doing so far this year?
🟢 Nvidia Is Up +134.2% $NVDA 🟢 Meta Is Up +58.6% $META 🟢 Amazon Is Up +26.1% $AMZN 🟢 Apple Is Up +18.5% $AAPL 🟢 Alphabet Is Up +16.8% $GOOGL 🟢 Microsoft Is Up +15.7% $MSFT 🔴 Tesla Is Down -4.1% $TSLA Note that S&P 500 and Nasdaq are both up +19.6% YTD
The cost of chip designs has risen at an incredibly rapid pace.
From the 28nm design in 2011 to 3nm in 2022, the cost of designing a chip increased by 12x – benefiting design tool and IP giants such as $SNPS, $CDNS, and $ARM. Source: Quartr
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