We maintain our $161 fair value estimate for narrow-moat Cadence Design Systems CDNS after the firm delivered strong second-quarter results that were in line with guidance for revenue and ahead for ...

New dynamic duo delivers 2X capacity and 1.5X higher performance compared to previous-generation Palladium Z1 and Protium X1 systems Palladium Z2 emulation based on a new custom emulation processor ...

Cadence's growth accelerated in Q3, and management guided for even more growth in Q4. The software company is winning big thanks to the AI revolution. It is using generative AI to help improve its ...

Cadence beat on revenue and adjusted earnings. Yet investors grew increasingly nervous about expensive AI stocks heading into the month. Investors therefore punished Cadence when it didn't meet their ...