Tag: $Cadence Design Systems

Cadence raises annual forecasts as demand booms for AI chip design

 Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for ​its AI-powered chip and system design software.

Cadence beats quarterly profit and revenue estimates on strong AI-linked demand

Cadence Design Systems (CDNS) beat quarterly revenue estimates on Tuesday, as strong demand for complex artificial intelligence processors lifted sales of its chip design software.