Cadence's growth accelerated in Q3, and management guided for even more growth in Q4. The software company is winning big thanks to the AI revolution. It is using generative AI to help improve its ...
Shares of semiconductor design software company Cadence Design Systems (NASDAQ: CDNS) were rallying on Tuesday, and up by 12.4% as of 2:55 p.m. ET. Cadence is one of two major firms producing ...
Oct 28 (Reuters) - Cadence Design Systems (CDNS.O), opens new tab raised the midpoint of its annual profit forecast on Monday, betting on the boom in generative AI to drive demand for its software ...
Cadence expects full-year adjusted earnings in a range of $5.87 to $5.93 per share, versus its prior forecast in a range of $5.77 to $5.97. Cadence also narrowed the range for its annual revenue ...
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