AI is all that matters for markets right now. AI infrastructure companies now account for 40% of the S&P 500’s market capitalization. At the same time, just 3 chipmaker firms represent 28% of the MSCI Emerging Markets Index. AI-related companies also account for 49% of investment-grade bond issuance so far in 2026. The concentration is even more extreme in private markets, with AI capturing 87% of venture capital funding year-to-date. By comparison, in 1999, during the Dot-Com bubble, less than 40% of venture capital funding was related to internet companies. AI has become the market.

AI needs Synopsys's expertise "SAN FRANCISCO and SUNNYVALE, Calif., Sept. 30, 2026 /PRNewswire/ -- Synopsys (Nasdaq: SNPS) and OpenAI today announced a strategic partnership that brings together OpenAI's advanced AI capabilities with Synopsys' industry-leading EDA tools and agentic AI capabilities to revolutionize the design of semiconductors. The companies signed an expansive, multi-year agreement to jointly develop GPT-Synopsys, a specialized model, optimized to use Synopsys EDA tools to perform semiconductor design workflows. The agreement includes a revenue sharing arrangement and go-to-market collaboration to jointly make GPT-Synopsys available to customers worldwide."