Synapse Invest was founded in 2019 with the mission of offering a diverse range of thematic investment products centered around innovation. Our journey began with the launch of our first Actively Managed Certificates (AMCs) in the closing weeks of 2019, and we are now proud to celebrate more than five years of consistent growth and…
The stellar rise of Generative Artificial Intelligence continues to shake up the whole IT industry. At the end of last week, the world’s largest semiconductor foundry, Taiwan Semiconductor (TSMC) and the world’s second largest memory maker, SK Hynix, announced a new alliance around the development of AI chips. This news, which has gone almost unnoticed,…
If all investors’ eyes are currently focused on increasing microprocessors’ performances and speeds, a bottleneck is nevertheless emerging in AI training. This is called the memory wall, or the growing speed difference between microprocessors and computer memory, hence leaving the processing units idle until the requested/needed data becomes available for computing. The recent explosion of…
Even if data is widely considered as the oil of the 21st century, it has been largely under-monetized until now. As an illustration, OpenAI developed ChatGPT with massive amounts of data, free of charge… But data-rich companies, such as social media, have taken notice and the situation is rapidly evolving with both Twitter and Reddit announcing…
As the growth in data centers’ construction continues at an unabated pace around the world – hence sustaining investments in semis, software, networking, and storage solutions – the rise of Generative AI services (e.g., ChatGPT) is literally triggering a little revolution inside them. The workloads (training and inference) of these Deep Learning models necessitate an…
Nvidia’s last night earnings report was impressive, to say the least. The company notably guided to a 64% top-line growth in Q2 (53% above consensus!), including c.100% year-on-year growth in its data center segment. This strength should not come as a total surprise given that most companies are currently racing to deploy AI applications and…
Semiconductor stocks have suffered an across-the-board selling in recent months thanks to the rapid deterioration of several end-markets (PC, smartphones…) and new export controls imposed by the US government on chips and equipment shipped to China. But this “implosion” could also create buying opportunities as some end-markets and, more specifically, the data center one enjoys secular…
Despite the recent slowdown in the plant-based food category, alternatives to conventional meat keep gaining attention from policymakers, food producers and start-ups alike, amid livestock production producing high greenhouse gas emissions and requiring more land and water per calorie of food than crops. Accordingly, in his recent executive order on ‘biotechnology and biomanufacturing innovation’, Joe…
Crypto hacks are now making the headlines on a regular basis, as illustrated by the $620 million heist of blockchain game Axie Infinity in March or last week’s $160 million hack of crypto market maker Wintermute. With criminal activity involving cryptocurrencies on track to reach a new record after the 2021 peak ($14 billion, up…
As illustrated by Google’s recent acquisition of Mandiant and Cisco’s increasing focus on security, a convergence between tech hardware and cybersecurity software has been taking place, a move that should intensify over coming years. For networking hardware specialists such as Cisco and Juniper, implementing firewalling and threat detection software in their routers and switches is…