Many who sold picks and shovels to mid-1800s gold miners made a lot more money than did their customers. As we know, many of the latter fared badly. We can speak similarly about AI. Many who sell picks and shovels, or rather essential tools, should do quite well, perhaps even better than many who buy from them. EDA (Electronic Design Automation) company Cadence Design Systems is such a vendor. ...
Cadence Design Systems, Inc. (NASDAQ:CDNS ) Goldman Sachs Communacopia + Technology Conference September 9, 2025 4:45 PM EDT Company Participants Anirudh Devgan - CEO, President & Director Conference Call Participants James Schneider - Goldman Sachs Group, Inc., Research Division Presentation James Schneider Senior Research Analyst Okay. Good afternoon, everybody.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced an expansion of its Reality Digital Twin Platform library with a digital twin of NVIDIA DGX SuperPOD with DGX GB200 systems.
Cadence Design said on Thursday it will buy the design and engineering business of Stockholm-based Hexagon AB for 2.7 billion euros ($3.16 billion), to expand its customer base and scale up its product portfolio.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering (“D&E”) business of Hexagon AB, which includes its MSC Software business—a pioneer in engineering simulation and analysis solutions. This acquisition accelerates Cadence's Intelligent System Design™ strategy, significantly expanding the Cadence...
Micron Technology is among a pair of AI stocks near buy points on this weekend's watch list. They're joined by Boeing, which is steadily regaining altitude.
SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced that it has completed the previously announced acquisition of the Arm Artisan foundation IP business.
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