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Cadence Design Systems - CDNS STOCK NEWS

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

For the latest updates and news on Cadence Design Systems, investors and interested parties can visit our StockTitan page dedicated to CDNS, which provides comprehensive and up-to-date information on their stock performance, events, and significant developments.

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Cadence Design Systems has announced that its Tensilica HiFi DSP is the first digital signal processing (DSP) IP to support Dolby Atmos for cars. This innovation allows for enhanced audio experiences in automotive systems by offloading Dolby Atmos playback to a low-energy, high-performance DSP. The Tensilica HiFi DSP is widely used, licensed by 19 of the top 20 semiconductor companies, with over 1.5 billion cores shipped yearly. This partnership aims to bring superior audio clarity and immersive sound to in-car entertainment.

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Cadence Design Systems has launched the first LPDDR5X memory interface IP design optimized for speeds of 8533Mbps, representing a 33% increase over previous generations. This technology is now available for customer engagements, featuring a silicon-proven PHY and high-performance controller aligned with the JEDEC JESD209-5B standard. It supports advanced applications in automotive, IoT, and networking. The architecture enhances power and performance adaptability, reinforcing Cadence's leadership in memory interface IP for future AI and automotive SoC designs.

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Cadence Design Systems (CDNS) and United Microelectronics Corporation (UMC) have announced successful customer adoption of their certified mmWave reference flow. Notably, Gear Radio Electronics achieved a first-pass silicon-accurate design for a low noise amplifier IC using UMC's 28HPC+ process technology and the Cadence RF solution. Their collaboration has resulted in faster turnaround times and improved design accuracy, supporting applications up to 110GHz. This initiative enhances RF design capabilities and exemplifies the effectiveness of their combined technology.

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Cadence Design Systems, Inc. (Nasdaq: CDNS) will have its CEO, Anirudh Devgan, participating in a fireside chat at the Nasdaq Investor Conference in London on December 6, 2022, at 9:00 a.m. GMT. The discussion will be available live via webcast and archived for later viewing on Cadence’s website starting from 7:00 a.m. PST on December 7, 2022, until January 23, 2023. Cadence is recognized as a leader in electronic systems design, serving various industries including automotive and healthcare. For more details, visit cadence.com/cadence/investor_relations.

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Cadence Design Systems (NASDAQ: CDNS) has announced that its GDDR6 IP is now silicon proven on TSMC’s N5 process technology, achieving data rates of 22Gbps, over twice that of DDR5 and 37% faster than previous versions. This advancement positions the IP for high-bandwidth memory applications in sectors such as AI/ML, 5G, and hyperscale computing. The GDDR6 IP includes both PHY and controller design, enhancing reliability and performance, thereby allowing customers to expedite development with reduced risk.

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Cadence Design Systems has partnered with TSMC to enhance the N16 mmWave RF design capabilities, fostering advancements in mobile, 5G, and automotive technologies. This collaboration supports TSMC’s N16RF Design Reference Flow and process design kits, enabling efficient system-on-chip design. The full RF Design Reference Flow encompasses essential tools like passive device modeling and EM analysis, improving design robustness and productivity for mutual customers. Cadence aims to provide optimized solutions that align with evolving customer requirements.

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Cadence Design Systems (CDNS) announced that its Integrity 3D-IC platform is the first comprehensive solution certified for TSMC’s 3DFabric technologies. This certification facilitates advanced multi-die package design across various applications, including 5G and AI. The collaboration with TSMC includes the new 3Dblox standard, which enhances design efficiency and enables chiplet reuse. This partnership aims to expedite time-to-market for customers utilizing Cadence’s system planning and packaging capabilities, further aligning with Cadence's Intelligent System Design strategy.

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Cadence Design Systems (CDNS) has partnered with TSMC to create a streamlined node-to-node migration process for analog IC blocks using TSMC's advanced technology. The collaboration allows for automated design migration, significantly improving efficiency with early customers reporting a design cycle reduction of over 2.5X. The Cadence Virtuoso design platform is central to this process, facilitating automatic schematic and layout migration while ensuring thorough optimization through simulation. This advancement supports Cadence's strategic goal of enhancing design automation and productivity.

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Cadence Design Systems (CDNS) has announced certification of its digital and custom/analog design flows by TSMC for the N4P and N3E processes. This collaboration aims to enhance innovation in mobile, automotive, AI, and hyperscale computing. Customers are already utilizing these advances, achieving optimal power, performance, and area (PPA) goals while accelerating time-to-market. The enhanced capabilities include improved design methodologies and support for complex mixed-signal designs, enabled by tools like Virtuoso and Innovus.

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FAQ

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

The current stock price of Cadence Design Systems (CDNS) is $312.39 as of November 25, 2024.

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

The market cap of Cadence Design Systems (CDNS) is approximately 85.2B.

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 Systems

Nasdaq:CDNS

CDNS Rankings

CDNS Stock Data

85.21B
272.01M
0.81%
91.14%
1.43%
Software - Application
Services-prepackaged Software
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United States of America
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