Cadence Design Systems is a leading technology company that specializes in electronic design automation (EDA) software and engineering services. The company provides a comprehensive suite of tools and solutions that facilitate the design, verification, and implementation of integrated circuits and electronic systems. Cadence's offerings enable engineers to create innovative products across various industries, including consumer electronics, automotive, and telecommunications. By leveraging advanced algorithms and machine learning, Cadence helps customers improve their design efficiency, reduce time to market, and enhance the overall performance of their electronic products.
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the appointment of Moshe Gavrielov to its board of directors, effective January 1, 2025. Mr. Gavrielov currently serves as a member of the board of NXP Semiconductors N.V. and Taiwan Semiconductor Manufacturing Company Ltd., as chair of the board of Foretellix and SiMa.ai, and has previously held executive roles at several global technology companies.
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced it is collaborating with Rapidus Corporation to provide co-optimized AI-driven reference design flows and a broad IP portfolio to support the Rapidus 2nm gate-all-around (GAA) process and leverage the design and manufacturing benefits from Rapidus’ backside power delivery network (BSPDN) technology. As the semiconductor industry struggles to keep up with significantly increasing design challenges driven by the need for more computation, GAA and BSPDN manufacturing technologies are becoming vital to meet increasingly stringent power, performance and area requirements.
Intel Corporation has appointed semiconductor industry veterans Eric Meurice and Steve Sanghi to its board of directors, the company announced Thursday, Dec. 5, 2024, as it navigates through significant leadership transitions and market challenges.
Cadence Design Systems, Inc. (Nasdaq: CDNS) and AST SpaceMobile, Inc. (Nasdaq: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, announced today their collaboration to advance AST SpaceMobile’s mission to eliminate connectivity gaps and connect people around the world with high-speed, space-based internet access.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the design software industry, including Cadence (NASDAQ:CDNS) and its peers.
Cadence Design Systems, Inc. (Nasdaq: CDNS) announced that Fortune Magazine and Great Place To Work® have honored the company once again in the Top 10 on its World’s Best Workplaces™ 2024, ranking Cadence #9. This is the ninth time Cadence has appeared on the prestigious World’s Best list, which recognizes only 25 global leaders selected from thousands of organizations that participated in Great Place To Work’s employee survey process—representing the voices of 20 million employees worldwide. The 25 World’s Best Workplaces stood out for creating globally exceptional employee experiences, high-trust relationships and workplaces that are fair and equal to all.
Research and development spending is a key metric that shows commitment to long-term industry leadership. These three high-margin stocks are doing just that.
