Cadence Design System Inc Stock Price, News & Analysis

Cadence Design Systems (Nasdaq: CDNS) has launched Clarity 3D Solver Cloud, a secure and cost-effective solution for 3D electromagnetic (EM) simulations. This service allows users to scale computation from 32 to thousands of cores via Amazon Web Services (AWS) while maintaining local data security. Users benefit from 24/7 access to cloud resources without upfront costs. Cadence's innovative approach minimizes simulation turnaround times, allowing for faster processing of increasingly complex electronic designs demanded by technologies like 5G and DDR5.

Cadence Design Systems (Nasdaq: CDNS) announced a collaboration with Arm to enhance the development of mobile SoCs utilizing Cadence tools and Arm's next-gen mobile solutions. This partnership optimizes digital and verification flows for 5nm and 7nm process technologies, facilitating the adoption of the Armv9 architecture. Cadence's Rapid Adoption Kits (RAKs) enable customers to achieve improved power, performance, and area (PPA) while accelerating tapeout times. The collaboration aims to boost productivity and efficiency for clients crafting next-gen mobile systems-on-chip.

Cadence Design Systems (Nasdaq: CDNS) announces participation in the virtual Cowen 49th Annual Technology, Media and Telecom Conference. John Wall, CFO, will engage in a fireside chat on June 1, 2021, starting at 11:50 a.m. EDT. The event will be available for live streaming and also archived for replay until July 2, 2021. Cadence, a leader in electronic design, leverages over 30 years of expertise to support innovative companies across various sectors, including automotive and 5G communications.

Cadence Design Systems (Nasdaq: CDNS) has launched its Cadence® IP for PCI Express® (PCIe®) 5.0 specification on TSMC's N5 process technology. This new offering enhances high-bandwidth applications in hyperscale computing and networking. The architecture promises best-in-class power efficiency with a maximum data transfer rate of 32GT/s. The PCIe 5.0 architecture supports Cadence’s Intelligent System Design strategy. Collaboration with TSMC is set to accelerate silicon innovation, meeting customer demands for total solutions that shorten development timelines.

Cadence Design Systems (Nasdaq: CDNS) launched its third-generation 112G long-reach SerDes IP on TSMC’s N5 process, targeting hyperscale ASICs and AI/ML accelerators. The new architecture achieves 25% power savings and a 40% area reduction compared to the previous generation. It supports high-bandwidth, reliable products for cloud data centers. With improvements in DSP and supply noise immunity, Cadence enhances performance for chip connectivity. The company leverages collaborations with major customers to drive innovation, reinforcing its leadership in high-performance connectivity solutions.

Cadence Design Systems (Nasdaq: CDNS) announced that JVCKENWOOD has adopted its Spectre FX Simulator and various design solutions to enhance IC development for consumer electronics. JVCKENWOOD switched from its previous EDA vendor to leverage Cadence's advanced tools, including the Virtuoso platform and Xcelium Logic Simulation. The collaboration aims to reduce time-to-market by 40% in certain product categories, improve simulation accuracy, and facilitate seamless integration across design processes. This strategic partnership reflects Cadence’s commitment to delivering innovative solutions for evolving market demands.

Cadence Design Systems, Inc. (Nasdaq: CDNS) has launched the Cadence® Spectre® FX Simulator, a cutting-edge FastSPICE circuit simulator designed for efficient verification of memory and large-scale system-on-chip (SoC) designs. This simulator boasts up to 3X performance improvement over competitors while maintaining or exceeding accuracy. Key features include scalability up to 32 cores, a user-friendly model, seamless integration with existing tools, and extensive verification capabilities. The simulator is expected to streamline SoC design verification, addressing the industry's increasing demand for speed and precision.

Cadence Design Systems (Nasdaq: CDNS) will have CEO Lip-Bu Tan participate in a virtual fireside chat at the J.P. Morgan Global Technology, Media, and Communications Conference on May 25, 2021. The event is scheduled for 2:55 p.m. EDT and will be available for live streaming. After the event, the presentation will be archived on the Cadence website and accessible for replay until July 2, 2021, at 5:00 p.m. PDT. Cadence is recognized for its innovation in electronic design and has been named one of Fortune's 100 Best Companies to Work For for seven consecutive years.