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 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 ...

Cadence’s new dynamic duo offers more than 2X increased capacity and is 1.5X faster than the previous generation, enabling the rapid development of advanced chips for generative AI, mobile, automotive ...

SANTA CLARA, California, May 7 (Reuters) - Cadence Design Systems (CDNS.O), opens new tab unveiled on Wednesday a new supercomputer based on chips from Nvidia (NVDA.O), opens new tab that will speed ...