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.

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence today announced AWR Design Environment V16 with cross-platform interoperability to support RF to mmWave RF IP integration.

Cadence Advances RF Design with the Latest AWR Design Environment Platform

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--The Cadence® Tensilica® FloatingPoint DSP family provides a scalable and configurable solution for a broad range of compute-intensive applications.

New Cadence Tensilica FloatingPoint DSP Family Delivers Scalable Performance for a Broad Range of Compute-Intensive Applications

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced that Sequans Communications S.A. has adopted the Cadence RF Solution to develop its next-generation 5G IoT platform.

Sequans Communications Adopts Cadence RF Solution to Develop Next-Generation 5G IoT Platform

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--The Cadence Allegro X Design Platform unifies schematic, layout, analysis, design collaboration and data management, revolutionizing system design.

New Cadence Allegro X Design Platform Revolutionizes System Design

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Anirudh Devgan and John Wall to Present at the 44th Nasdaq Investor Conference

Cadence's Anirudh Devgan and John Wall to Present at the 44th Nasdaq Investor Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Nimish Modi to Present at Berenberg Conference

Cadence's Nimish Modi to Present at Berenberg Conference

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When The Chips Are Down

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Anirudh Devgan and John Wall to Present at the Baird 2021 Global Consumer, Technology & Services Conference

Cadence's Anirudh Devgan and John Wall to Present at the Baird 2021 Global Consumer, Technology & Services Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence today announced that EdgeCortix, Inc has deployed multiple Cadence tools to accelerate the design and verification of its edge AI chips.

EdgeCortix Collaborates With Cadence To Accelerate AI Chip Design

Cadence Design Systems reported earnings back on April 26 and the company beat estimates rather easily.

Cadence Design Systems: Post-Earnings Decline Gets Stopped At The 52-Week Moving Average

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence is collaborating with TSMC to accelerate mobile, AI and hyperscale computing application design on TSMC N3 and N4 process technologies.

Cadence Collaborates with TSMC to Accelerate Mobile, AI and Hyperscale Computing Application Development on N3 and N4 Processes

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--The new Cadence® Clarity™ 3D Solver Cloud provides straightforward, secure and scalable electromagnetic analysis of complex systems on AWS.

Cadence Unleashes Clarity 3D Solver on the Cloud for Straightforward, Secure and Scalable Electromagnetic Analysis of Complex Systems on AWS

Cadence (CDNS) reported earnings 30 days ago. What's next for the stock?

Why Is Cadence (CDNS) Down 4% Since Last Earnings Report?

SAN JOSE, Calif.--(BUSINESS WIRE)--Through a collaboration with Arm, customers have successfully taped out mobile SoCs using Cadence tools and the next-generation Arm mobile solution.

Cadence Collaboration With Arm Enables Customers to Successfully Tape out Next-Generation Arm Mobile Designs

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's John Wall to Present at Cowen Conference

Cadence's John Wall to Present at Cowen Conference

Target

A Company That's More Than a Retailer and One of Great Design.

Top Stock Picks for Week of May 24, 2021

Cadence Design Systems Inc (NASDAQ: CDNS) showcased its third-generation 112G long-reach (112G-LR) SerDes IP on Taiwan Semiconductor Manufacturing Co Ltd's (NYSE: TSM) 5-nm process for hyper-scale ASICs, artificial intelligence/machine learning (AI/ML) accelerators, and switch fabric systems on chip (SoCs) for next-generation cloud data centers. The Cadence 112G-LR PAM4 SerDes IP on TSMC's N5 process offers 25% power savings, 40% area reduction, and better design margins than second-generation architecture.

Cadence Design Systems Reveals 3rd Gen 112G-LR PAM4 SerDes IP Under TSM's 5-NM Technology for Hyper-Scale Data Centers

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence IP supporting the PCI Express 5.0 specification on TSMC N5 process technology is immediately available for very high-bandwidth applications.

Cadence Announces New Low-Power IP for PCI Express 5.0 Specification on TSMC N5 Process

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced its third-generation 112G-LR SerDes IP on TSMC's N5 process for hyperscale ASICs, AI/ML accelerators, and switch fabric SoCs.

Cadence Accelerates Cloud Hyperscale Infrastructure with Third-Generation 112G-LR SerDes IP on TSMC's N5 Process

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SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced JVCKENWOOD has adopted the new Spectre FX Simulator and multiple Cadence solutions to accelerate IC development.

JVCKENWOOD Deploys Cadence Spectre FX Simulator and Comprehensive Design Flows to Improve Productivity

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced the new Spectre FX Simulator, a next-generation FastSPICE circuit simulator that enables the efficient verification of designs.

Cadence Introduces the Spectre FX FastSPICE Simulator Delivering up to 3X Performance Gains with Superior Accuracy

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence's Lip-Bu Tan to Present at JP Morgan Conference

Cadence's Lip-Bu Tan to Present at JP Morgan Conference

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence announced that it has received four 2020 SAFE EDA awards from Samsung Foundry.

News for Cadence Design Systems Stock (CDNS)