Cadence Design System Inc Stock Price, News & Analysis

Cadence (Nasdaq: CDNS) announces that Nimish Modi, Senior Vice President, Marketing & Business Development, will participate in a virtual fireside chat at the Berenberg Thematic Software Days Conference on June 15, 2021. The session starts at 4:00 p.m. BST and will be accessible via webcast on cadence.com/cadence/investor_relations.

The presentation will be archived for replay until July 2, 2021.

Cadence Design Systems (Nasdaq: CDNS) announces that Anirudh Devgan, president, and John Wall, CFO, will engage in a virtual fireside chat during the 44th Nasdaq Investor Conference. This event is scheduled for June 15, 2021, at 2:00 p.m. BST. Attendees can access the live webcast on Cadence's investor relations page and will have the opportunity to replay the presentation until July 10, 2021. Cadence, a leader in electronic design, leverages over 30 years of expertise, serving innovative companies across diverse sectors such as 5G, automotive, and healthcare.

Cadence Design Systems (Nasdaq: CDNS) will feature a virtual fireside chat with President Anirudh Devgan and CFO John Wall at the Baird 2021 Global Consumer, Technology & Services Conference. The chat is scheduled for June 10, 2021, at 12:15 p.m. EDT. A live webcast will be accessible online, with the presentation archived for replay until July 2, 2021, at 5:00 p.m. PDT. Cadence, a leader in electronic design, helps transform innovative concepts into reality through its Intelligent System Design strategy, serving numerous dynamic industries.

Cadence Design Systems (Nasdaq: CDNS) announced that EdgeCortix, a leader in AI-driven solutions for edge computing, has implemented multiple Cadence digital tools to enhance the design and verification of its AI chips. Key improvements include a verification environment development time reduced to under a month and a 2X decrease in power analysis time. EdgeCortix plans to adopt the Cadence CloudBurst platform to leverage cloud capabilities for efficient product delivery. These advancements underscore the effectiveness of Cadence's Intelligent System Design strategy.

Cadence Design Systems (Nasdaq: CDNS) is expanding its collaboration with TSMC to enhance mobile, AI, and hyperscale computing designs using Cadence's digital and custom tool suites. These tools have been certified for TSMC's N3 and N4 processes, facilitating efficient design and faster time to market. Both digital and custom tool suites support Cadence's Intelligent System Design strategy, enabling SoC design excellence. TSMC has reported successful customer test chip tapeouts, highlighting the effectiveness of this enhanced collaboration.

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.