Cadence Design Systems Stock News

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence's expanded collaboration with Samsung Foundry includes a new multi-year IP agreement and joint development on the latest SF2P process node.

Cadence Design Systems is a mission-critical enabler of next-gen industries, boasting high recurring revenues, robust client retention, and an AI-driven product portfolio. The company's oligopolistic market position, high switching costs, and continuous innovation justify its premium valuation and support long-term growth prospects. Risks include industry cyclicality, customer concentration, hi...

I rate CDNS a buy due to strong secular tailwinds, a widening moat, and robust execution fueling early-stage growth. CDNS's mission-critical EDA tools, AI-powered Cerebrus platform, and NVIDIA partnership drive technological leadership and expand its addressable market. AI megatrends, hardware upgrade cycles, and potential share gains from Intel's strategy shift are key growth catalysts for CDNS.

PARIS--(BUSINESS WIRE)---- $CDNS #CDNS--Cadence is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA.

Shares of electronic design automation company Cadence Design Systems (CDNS -10.44%) dropped late Wednesday, finishing the day down 10.4%.

Shares of semiconductor software design companies Cadence and Synopsys were falling hard on the news.

President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported on Wednesday, citing several people familiar with the move.

Cadence and Synopsys saw their shares move lower on a Financial Times report saying a division of the U.S. Commerce Department told them to stop selling to organizations in China.