Cadence Design System Inc Stock Price, News & Analysis

Cadence Design Systems (CDNS) will host its third quarter 2021 financial results webcast on October 25, 2021, at 2:00 p.m. PT. Key executives including CEO Lip-Bu Tan, President Anirudh Devgan, and CFO John Wall will participate. An archived version will be available from 5:00 p.m. PT on the same day until December 17, 2021. Cadence has been recognized as one of the 100 Best Companies to Work For by Fortune Magazine for seven consecutive years, reflecting its strong corporate culture and innovative approach in the electronic design sector.

Cadence Design Systems (NASDAQ: CDNS) has launched the Integrity 3D-IC platform, marking the industry’s first comprehensive 3D-IC platform that integrates design planning, implementation, and system analysis in one interface. The platform is designed to enhance productivity for hyperscale computing, 5G communications, and more, allowing for system-driven power, performance, and area (PPA). It features integrated thermal, power, and static timing analysis capabilities, facilitating concurrent design optimization.

Cadence Design Systems announces the launch of the Helium Virtual and Hybrid Studio, enhancing pre-silicon software validation for 5G, automotive, and mobile applications. This platform integrates with existing verification engines to significantly speed up software bring-up and debugging processes even before hardware is available. Key features include a comprehensive virtual model library, hybrid configuration capabilities, and uniform embedded software debugging. The Helium Studio aims to meet urgent time-to-market needs, supporting Cadence's Intelligent System Design strategy.

Cadence Design Systems announced that its Pegasus Verification System is now qualified for GlobalFoundries (GF) 12LP/12LP+ and 22FDX technologies. This qualification enables customers to efficiently perform physical verification for various applications, including hyperscale and automotive designs. The system promises rapid turnaround times and seamless integration with Cadence tools, enhancing productivity. This collaboration facilitates faster market entry for clients leveraging advanced technologies, ensuring they meet essential design requirements.

Cadence Design Systems (NASDAQ: CDNS) has launched a new Tensilica AI Platform designed to accelerate AI SoC development. This platform includes a comprehensive suite of products for low, mid, and high-end applications to provide scalable, energy-efficient on-device AI processing. Key features include a new neural network engine that consumes 80% less energy per inference and delivers over 4X TOPS/W. The platform targets various applications, including IoT and automotive, and supports seamless product development with a common AI software framework.

Cadence Design Systems, Inc. (NASDAQ: CDNS) has partnered with Samsung Foundry to introduce Mixed-Signal OpenAccess-ready process design kit (PDK) technology files. This innovation supports various Samsung process technologies, enhancing the speed and productivity of mixed-signal designs in sectors such as data centers, 5G, and automotive applications. Key features include advanced floorplanning, power routing capabilities, and improved static timing analysis, enabling more efficient chip designs. This collaboration aims to accelerate market readiness and optimize design processes for mutual customers.

Cadence Design Systems (CDNS) executives Anirudh Devgan and John Wall will participate in a virtual fireside chat at the D.A. Davidson Software & Internet Conference on September 9, 2021. This event will be accessible live via webcast at 11:00 a.m. EDT and will remain available for replay on the Cadence website until 5:00 p.m. PDT on September 17, 2021. Cadence, a leader in electronic design for over 30 years, focuses on turning innovative design concepts into reality through its Intelligent System Design strategy.

Cadence Design Systems (Nasdaq: CDNS) announced the deployment of its Palladium Enterprise Emulation Platform by Picocom, aimed at enhancing the verification and validation of 5G SoC designs. Picocom reported a significant 1000X emulation speedup compared to RTL simulation, allowing them to advance system software on RISC-V cores before silicon availability. Utilizing Cadence’s power analysis and interface testing tools, Picocom effectively managed power budgets while enabling remote collaboration for engineers. The Palladium platform is pivotal for accelerating product development amid competitive demands in the 5G sector.

Cadence Design Systems (Nasdaq: CDNS) executives Anirudh Devgan and John Wall will engage in a virtual fireside chat at the KeyBanc Technology Leadership Forum on August 9, 2021. The event is scheduled for 9:00 a.m. PDT and will be streamed live via webcast. A replay of the presentation will be accessible on Cadence's website until September 17, 2021. Cadence, a leader in electronic design with over 30 years of expertise, continues to innovate in various sectors, including automotive, aerospace, and healthcare.