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Cadence Design System Inc - CDNS STOCK NEWS

Welcome to our dedicated page for Cadence Design System news (Ticker: CDNS), a resource for investors and traders seeking the latest updates and insights on Cadence Design System stock.

Cadence Design Systems (symbol: CDNS) is a leading provider of electronic design automation (EDA) software, semiconductor intellectual property (IP), and system design and analysis products. The company empowers engineers with cutting-edge tools for the design and verification of giga-scale, giga-hertz system-on-chips (SoCs) at the latest semiconductor processing nodes.

Cadence’s core offerings include custom/analog tools that aid in designing transistors, standard cells, and IP blocks essential for SoCs. Their digital tools automate the intricate design processes, ensuring high efficiency and accuracy. Additionally, Cadence provides comprehensive IC packaging and printed circuit board (PCB) tools that facilitate the design of complete boards and subsystems.

Expanding its portfolio, Cadence offers design IP and verification IP for a range of components, including memories, interface protocols, analog/mixed-signal parts, and specialized processors. The company also presents integrated hardware/software co-development platforms that support system-level design, making it a one-stop solution for various design needs.

Cadence's technology significantly contributes to building innovative products that connect the world. The convergence of semiconductor companies and system companies moving towards mutual integration is expanding Cadence’s customer base. This shift, along with the ongoing digitalization across industries, places Cadence in a strategic position to benefit from the growing demand for advanced EDA solutions.

Recent achievements and projects highlight Cadence’s commitment to innovation and excellence. Their end-to-end solutions cater to a broad range of industries, ensuring robust performance and high-quality designs. With a focus on sustainability and cutting-edge technology, Cadence continues to lead the market, fostering advancements in electronics design and automation.

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Cadence Design Systems reports strong Q3 2023 results with revenue of $1.023 billion and operating margin of 29%. The company raises its outlook for the year.
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Cadence Design Systems wins four Open Innovation Platform Partner of the Year awards from TSMC for its EDA and IP design solutions.
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Cadence collaborates with Broadcom to implement AI-driven design flows for innovative chip designs
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Cadence Design Systems joins Arm Total Design to support the development of custom SoCs based on Arm Neoverse CSS
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Cadence Design Systems emphasizes diversity, equity, and inclusion in their culture
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Imagination Technologies reduces power and improves performance of its latest 5nm GPUs using Cadence AI-driven technology
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Cadence Design Systems, Inc. to hold Q3 2023 financial results webcast
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Nisshinbo Micro Devices Inc. improves design efficiency and reduces turnaround time with Cadence solutions
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Cadence Design Systems completes acquisition of Intrinsix Corporation from CEVA, expanding its expertise and reach in key high-growth verticals.
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Cadence Design Systems achieves certification for TSMC's latest N2 Design Rule Manual, enabling customers to leverage new technologies and improve designer productivity.
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FAQ

What is the current stock price of Cadence Design System (CDNS)?

The current stock price of Cadence Design System (CDNS) is $258.355 as of February 21, 2025.

What is the market cap of Cadence Design System (CDNS)?

The market cap of Cadence Design System (CDNS) is approximately 74.1B.

What does Cadence Design Systems do?

Cadence Design Systems provides electronic design automation software, semiconductor IP, and system design and analysis products.

What are the core products offered by Cadence?

Cadence offers custom/analog tools, digital design automation tools, IC packaging and PCB tools, design IP, and verification IP.

How does Cadence benefit semiconductor companies?

Cadence's solutions help semiconductor companies automate and optimize their design processes, enhancing efficiency and accuracy.

What industries use Cadence's products?

Various industries, including semiconductor, consumer electronics, automotive, and more, utilize Cadence's design and verification solutions.

What recent achievements has Cadence accomplished?

Cadence has been recognized for its innovative EDA solutions and has expanded its portfolio to include more advanced design and verification tools.

How does Cadence support system-level design?

Cadence provides integrated hardware/software co-development platforms that aid in system-level analysis and verification.

What makes Cadence's EDA software unique?

Cadence's EDA software offers a full-flow end-to-end solution that enhances design accuracy, productivity, and complexity management.

How can investors stay updated on Cadence's latest news?

Investors can visit the StockTitan page dedicated to Cadence Design Systems for the latest news, updates, and stock performance information.

What is the significance of Cadence's design IP portfolio?

Cadence's design IP portfolio supports a wide range of components, helping companies develop high-quality and robust electronic products.

How does digitalization affect Cadence's business?

The digitalization of various end markets increases the demand for advanced EDA solutions, benefiting vendors like Cadence.
Cadence Design System Inc

Nasdaq:CDNS

CDNS Rankings

CDNS Stock Data

74.11B
271.43M
1.01%
91.74%
1.59%
Software - Application
Services-prepackaged Software
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United States
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