CDNS Stock Recent News

Cadence's (CDNS) Q2 performance is likely to have benefited from higher customer demand. Weak global macroeconomic conditions and stiff competition are concerning.

Cadence (CDNS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

In the closing of the recent trading day, Cadence Design Systems (CDNS) stood at $314.07, denoting a -1.79% change from the preceding trading day.

Nvidia and other megacap tech stocks have been the biggest winners of the artificial intelligence (AI) boom so far, and it's easy to see why. The implications of AI technology go far beyond these obvious plays.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its second quarter 2024 financial results webcast on Monday, July 22, 2024.

Cadence (CDNS) has unveiled the Janus Network-on-Chip solution that will be available from July 2024.

Cadence Design Systems (CDNS) closed at $311.53 in the latest trading session, marking a +0.77% move from the prior day.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence expanded its system IP portfolio with the addition of the Cadence Janus Network-on-Chip (NoC) for better PPA faster and with lower risk.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence achieved several key milestones in its strategic partnership with Intel Foundry, spanning 3D-IC enablement, EDA flows and IP development.

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.