Cadence Design Systems

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through the following geographical segments: Americas, Asia, Europe, Middle East and Africa, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

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Cadence Design Systems reports record 2022 results and eyes continued growth

Cadence Design Systems (CDNS) delivered strong financial performance in 2022, driven by robust demand in key growth areas and strategic partnerships, positioning the company for continued growth in 2023.
While facing challenges in clarifying revenue guidance, AI integration, and maintaining margins, Cadence's focus on innovation, customer needs, and strategic acquisitions presents opportunities for sustained growth and market leadership.
Analyst inquiries highlighted the need for clear communication on key strategic initiatives, pricing strategies, and technology integration, signaling areas for Cadence to address for enhanced stakeholder understanding and confidence.

Cadence Design Systems reports robust Q1 results and AI-driven growth outlook

Cadence Design Systems delivered strong financial performance in Q1 2023, driven by successful collaborations and growth across key business segments.
While facing challenges in revenue distribution and customer renewals, the company's strategic focus on AI investments and automation positions them well for future growth.
Opportunities lie in leveraging AI for optimization, capitalizing on hardware demand, and driving innovation in system design and analysis, setting the stage for continued success.

Cadence Design Systems reports robust Q2 performance and growth opportunities

Cadence Design Systems (CDNS) delivered strong Q2 results with revenue and EPS growth, driven by AI and hardware performance.
Partnerships with industry leaders and focus on innovation position Cadence for long-term growth in semiconductor and system design.
Challenges include managing operating margins, product development, and production capacity to meet growing demand.
Opportunities lie in leveraging AI capabilities, driving profitable growth, and expanding business across all segments for the future.

Cadence Design Systems (CDNS) exceeds Q3 guidance, focuses on AI-driven growth

Cadence Design Systems (CDNS) delivered robust Q3 results, driven by strong AI-driven design automation and key customer successes.
While facing challenges such as external risks and margin impacts, the company remains focused on innovation and growth opportunities.
With a positive outlook for 2023 and emphasis on AI tools and collaborations, Cadence is well-positioned for continued success and market impact.

Cadence Design Systems (CDNS) posts record 2023 results, eyes AI growth

Cadence Design Systems (CDNS) delivered impressive financial results for Q4 2023 and the full year, driven by robust revenue growth and strategic partnerships. While facing challenges in IP revenue and AI impact realization, the company is poised to capitalize on opportunities in AI tools adoption and R&D investments for future growth.

Cadence Design Systems reports strong Q1 earnings and eyes growth opportunities in high-demand sectors

Cadence Design Systems had a strong Q1, raising financial outlook for 2024 and showcasing leadership in hardware platforms and AI solutions.
While facing challenges like flat China revenue and margin pressures, the company is well-positioned to capitalize on growth opportunities in high-demand sectors.
Partnerships with key industry players and strong demand for hardware platforms drive growth, with expectations for recurring revenue growth above 10%.
Cadence's focus on innovation and market expansion, along with strong customer and partner relationships, positions the company for continued success in the semiconductor and systems industry.

Cadence Design Systems excels in Q2 2024, poised for market disruption

Cadence Design Systems demonstrated strong performance and growth in Q2 2024, driven by strategic partnerships and innovative solutions.
The company's focus on intelligent system design and AI-driven platforms positions it well for future market opportunities.
While facing challenges in a competitive landscape, Cadence has opportunities for expansion and disruption across various sectors.

Cadence Design Systems (CDNS) reports strong Q3 earnings and emphasizes AI-driven growth strategies

Cadence Design Systems (CDNS) showcased robust financial performance in Q3 2024, with a focus on profitability, strategic partnerships, and growth opportunities. Analyst inquiries highlighted areas for potential improvement and scrutiny.

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Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. It operates through the following geographical segments: Americas, Asia, EMEA, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

Cadence Design Systems beat Wall Street's targets for the third quarter but disappointed with its outlook for the current period.

Cadence Design Systems Tops Q3 Views But Misses With Outlook

Shares of Cadence Design Systems Inc. CDNS, +0.54%, a maker of electronic-design-automation software, dipped more than 4% Monday after it reported third-quarter earnings that beat Wall Street estimates but offered outlook for its current fourth quarter that disappointed investors. Cadence said it earned an adjusted $1.26 a share on sales of $1.02 billion, topping the projections of analysts polled by FactSet.

Cadence Design Systems' stock dips on disappointing guidance

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Reports Third Quarter 2023 Financial Results.

Cadence Reports Third Quarter 2023 Financial Results

Cadence (CDNS) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Growth Investors Shouldn't Overlook Cadence (CDNS)

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that it has won four Open Innovation Platform® (OIP) Partner of the Year awards from TSMC for its EDA and IP design solutions.

Cadence Wins Four 2023 TSMC OIP Partner of the Year Awards

Cadence (CDNS) collaborates with Arm to help customers create customizable subsystems and reduce time to market.

Cadence (CDNS) Partners With Arm to Accelerate SoC Development

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced a collaboration with Broadcom Inc to implement new AI-driven design flows to accelerate delivery of innovative 3nm and 5nm designs.

Cadence Collaborates with Broadcom to Implement AI-Driven Solutions with Impressive Quality of Results

Cadence's (CDNS) third-quarter performance is likely to have benefited from continued strength across all segments, driven by higher customer demand.

Key Factors to Note Ahead of Cadence's (CDNS) Q3 Earnings

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Cadence (CDNS) boosts Imagination's low-powered GPUs to help customers achieve their PPA goals.

Cadence's (CDNS) AI-Driven Solutions Used by Imagination

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Imagination utilized the AI-driven Cadence® Cerebrus™ Intelligent Chip Explorer and the digital full flow to accelerate delivery of their 5nm GPUs.

Imagination Optimizes PPA and Speeds the Delivery of Low-Power GPUs Using AI-Driven Cadence Cerebrus in the OnCloud Platform

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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its third quarter 2023 financial results webcast on Monday, October 23, 2023.

Cadence Announces Third Quarter 2023 Financial Results Webcast

Cadence's (CDNS) custom IC and system analysis solutions are being used by Nisshinbo Micro Devices to improve design efficiency.

Cadence (CDNS) Solutions Leveraged by Nisshinbo Micro Devices

Intrinsix will aid Cadence (CDNS) to boost its system and IC design services portfolio and aid customers to achieve design excellence, especially in key verticals like aerospace and defense.

Cadence (CDNS) Completes Intrinsix Buyout, Terms Undisclosed

SAN JOSE, Calif. & ROCKVILLE, Md.--(BUSINESS WIRE)---- $CDNS--Cadence has completed its acquisition of Intrinsix Corporation from CEVA.

Cadence Completes Acquisition of Intrinsix

Cadence's (CDNS) latest Integrity 3D-IC Platform is expected to allow customers to model system prototypes and improve productivity and performance.

Cadence (CDNS) Unveils Enhanced System Prototyping Flows

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced its digital and custom/analog flows have achieved certification for TSMC's latest N2 Design Rule Manual (DRM). Through this latest collaboration, the companies delivered new N2 process design kits (PDKs) to make it easy for customers to leverage the latest technologies from both companies, including Cadence® AI technologies that improve designer productivity. Mutual customers are already designing inn.

Cadence Digital and Custom/Analog Design Flows Achieve the Latest TSMC N2 Certification

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the availability of new system prototyping flows based on the Cadence® Integrity™ 3D-IC Platform that support the 3Dblox 2.0 standard. The Integrity 3D-IC Platform is fully compliant with the 3Dblox 2.0 standard language extensions, and the flows have been optimized for all of TSMC's latest 3DFabric™ offerings, including Integrated Fan-Out (InFO), Chip-on-Wafer-on-Substrate (CoWoS®) and System-on-Inte.

Cadence Expands Support for 3Dblox 2.0 Standard with New System Prototyping Flows

Cadence (CDNS) collaborates with TSMC to help customers streamline the integration of critical RF functionality into designs.

Cadence (CDNS) & TMSC Collaborate to Enhance RFIC Design

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Cadence (CDNS) is set to acquire Intrinsix to further enhance its system and IC design services.

News for Cadence Design Systems Stock (CDNS)