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Cadence Design Systems CDNS stock has rallied 23.8% over the past three months. The stock closed last trading session at $322.66 and is now closer to its 52-week high of $330.09.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #CDNS--The new Cadence LPDDR6/5X memory IP is a key enabler for scaling up the AI infrastructure to accommodate growing memory bandwidth and capacity demands.
Cadence Design Systems (CDNS) reached $320.3 at the closing of the latest trading day, reflecting a -1.99% change compared to its last close.
Cadence Design Systems, Inc. CDNS shares are lower Monday. They have found resistance around $325 again.
Zacks.com users have recently been watching Cadence (CDNS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The Trump administration has reversed restrictions on exporting chip design software to China, a move tied to efforts to ease US-China trade tensions following a deal reached in London. American firms Cadence Design Systems Inc (NASDAQ:CDNS) and Synopsys Inc (NASDAQ:SNPS, ETR:SYP), along with Germany's Siemens, confirmed the US Commerce Department had lifted controls introduced in May.
Bank of America stock has rallied for 11 out of the last 13 weeks. Nextracker stock has catapulted 81% so far this year.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its second quarter 2025 financial results webcast on Monday, July 28, 2025.
Siemens, Synopsys and Cadence said the U.S. has lifted export controls restricting sales and business in China.