Cadence Design Systems Stock News

Applied Materials and two more semiconductor sector stocks are good bets for earnings season, according to Goldman Sachs.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Cadence (Nasdaq: CDNS) today announced an expanded partnership with TSMC to deliver advanced capabilities for AI and HPC designers. Cadence has achieved tool certification for TSMC's advanced A14 process, demonstrated an industry-leading UALink solution in TSMC N3P, and introduced new silicon-proven IP for N3P and N2P technologies. Throu...

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Cadence (Nasdaq: CDNS) today introduced a new agent for Cadence® ChipStack™ AI Super Agent that automates front‑end digital design and verification—covering power, performance and area (PPA)-driven spec‑to‑RTL generation, RTL analysis, and refinement; all from natural language prompts. Building on the industry's first agentic workflow fo...

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Cadence (Nasdaq: CDNS) today announced that its Tensilica IP Group and Analog Devices, Inc. (ADI) worked together to develop the latest generation of SHARC® automotive audio processors, further strengthening ADI's industry-leading position in premium in-vehicle audio solutions. The joint effort brings Cadence's highly optimized Tensilica...

Adobe tops a list of software companies ranked by cash generation, while sector heavyweights Microsoft and Oracle are at the bottom.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Cadence (Nasdaq: CDNS) today announced that its PHY and controller IP for the PCI Express® (PCIe®) 6.0 specification, implemented in the TSMC N3 process, achieved first-pass success at the recent PCI-SIG® compliance workshop held in late July. The workshop marked the industry's first official event for PCIe 6.0 specification compliance t...

NEW YORK--(BUSINESS WIRE)--Cadence, the clinical AI company automating the treatment of chronic disease, today announced its HypertensionOS software has been selected by the U.S. Food and Drug Administration as the second participant in the Technology-Enabled Meaningful Patient Outcomes (TEMPO) for Digital Health Devices Pilot. HypertensionOS is prescription software as a medical device (“SaMD”...

Of late, some air has come out of the semiconductor bubble, but that's been to the benefit of the Direxion Daily Semiconductor Bear 3X Shares (SOXS). Entering July 27, the leveraged bearish ETF boasted a one-month gain of nearly 58%.