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 Inc (CDNS) provides critical electronic design automation (EDA) software and semiconductor intellectual property solutions powering modern chip development. This news hub offers investors and industry professionals centralized access to official announcements and market-relevant updates.
Track earnings reports, product launches, and strategic partnerships shaping the EDA landscape. Our curated collection ensures timely access to developments impacting semiconductor design innovation across automotive, AI hardware, and IoT sectors.
Discover how Cadence's tools in digital verification, custom IP blocks, and system-level integration address evolving industry challenges. Bookmark this page for streamlined monitoring of operational milestones and technology advancements directly from the source.
Rhea-AI Summary
Cadence Design Systems, Inc. (Nasdaq: CDNS) has been honored as one of the 2023 World’s Best Workplaces™ by Fortune magazine and Great Place To Work® for the eighth time, ranking #9. This recognition highlights Cadence's commitment to fostering a high-performance, inclusive culture. The company's participation in Great Place To Work’s employee survey process, its Cadence Giving Foundation, ESG goals, and One Cadence – One Team culture have contributed to its positive change. The selection process was rigorous, with companies only considered if they were already a Great Place To Work Certified™ organization. The list reflects companies' ability to create a great employee experience that is fair and equal for all, cutting across race, gender, age, disability status, or any aspect of employee identity or job role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
-
Rhea-AI Summary
Cadence Design Systems, Inc. (Nasdaq: CDNS) collaborates with Autodesk to provide solutions that accelerate intelligent system design. The partnership offers automated design synchronization between Autodesk Fusion and Cadence’s generative AI-powered Allegro X and OrCAD X platforms, leveraging Cadence’s new X AI capability for improved PCB design productivity. The integration enables seamless collaboration between electronic and mechanical engineering, addressing challenges in manual design data methods and allowing full advantage of cloud-based mechanical design and generative AI/ML PCB design, while fully leveraging multiphysics analysis for power, thermal, electromagnetics, and more.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
-
Rhea-AI Summary
Cadence Design Systems, Inc. (CDNS) announces that its EMX 3D Planar Solver is now certified for use with Samsung Foundry’s advanced 8nm Low Power Plus (LPP) process technology. The solver achieved strong results across all of Samsung certification criteria, ensuring highly accurate, high-capacity EM analysis for advanced designs, leading to first-pass silicon success and faster time to market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.02%
Tags
Rhea-AI Summary
Cadence Design Systems announces Voltus InsightAI, the industry's first generative AI technology for identifying and resolving EM-IR drop violations early in the design process. It improves power, performance, and area (PPA) by fixing up to 95% of violations prior to signoff, leading to a 2X productivity improvement. The technology uses machine learning-generated power grid models and offers fast IR inferencing, IR drop diagnostics, multi-method fixing, and full integration with Cadence's solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
-
Rhea-AI Summary
Realtek successfully used Cadence's Tempus Timing Solution to sign off an N12 high-performance CPU core, achieving improved power, performance, and area. They experienced up to 2X improved productivity, a 50% reduction in design closure turnaround time, and a 50% reduction in compute and memory costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
-
Rhea-AI Summary
Cadence Design Systems emphasizes the importance of diversity, equity, and inclusion (DEI) through their One Cadence-One Team culture. The company's Cadence Voice initiative has led to the implementation of several projects focused on women, diversity, equity, and inclusion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
Rhea-AI Summary
Cadence Molecular Sciences, a business unit of Cadence Design Systems, has extended and expanded its agreement with Pfizer to provide access to computational software for advanced molecular design. The software is used by major pharmaceutical and biotech companies worldwide to accelerate drug discovery innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
-
Rhea-AI Summary
Cadence Design Systems introduces four new DSPs based on the Tensilica Xtensa LX8 platform. The new HiFi and Vision DSPs offer enhanced performance and energy efficiency for audio/voice, imaging, AI, and sensor applications. They feature improvements in floating-point acceleration, hardware/software co-design, 8-bit operations, and cache size.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
Rhea-AI Summary
Cadence Design Systems wins four Open Innovation Platform Partner of the Year awards from TSMC for its EDA and IP design solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
Cadence Design System Inc
Nasdaq:CDNS
CDNS Rankings
CDNS Stock Data
77.28B
273.36M
0.8%
92.09%
1.55%
Software - Application
Services-prepackaged Software
United States
SAN JOSE