Synopsys: Looking to Stay Ahead of Industry Trends after Solid Q3

Synopsys Today SNPS Synopsys $548.06 -16.62 (-2.94$434.14 ▼ $629.38 P/E Ratio 59.57 Price Target$630.09 Add to Watchlist Synopsys NASDAQ: SNPS is a firm in the semiconductor industry that provides key software to chip designers. So far this year, the company has underperformed its industry with a total return of 10%. In contrast, the Invesco PHLX Semiconductor ETF NASDAQ: SOXQ has returned over 26%. It tracks the PHLX Semiconductor Index. Let's dive into Synopsys' business and market prese ...