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Cadence Design System Inc Stock Price, News & Analysis

CDNS Nasdaq

Welcome to our dedicated page for Cadence Design System news (Ticker: CDNS), a resource for investors and traders seeking the latest updates and insights on Cadence Design System stock.

Cadence Design Systems Inc (CDNS) provides critical electronic design automation (EDA) software and semiconductor intellectual property solutions powering modern chip development. This news hub offers investors and industry professionals centralized access to official announcements and market-relevant updates.

Track earnings reports, product launches, and strategic partnerships shaping the EDA landscape. Our curated collection ensures timely access to developments impacting semiconductor design innovation across automotive, AI hardware, and IoT sectors.

Discover how Cadence's tools in digital verification, custom IP blocks, and system-level integration address evolving industry challenges. Bookmark this page for streamlined monitoring of operational milestones and technology advancements directly from the source.

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Cadence Design Systems and McLaren Racing have announced the winner of the Cadence McLaren F1 Racing Team CFD Student Challenge on May 17, 2024. The challenge sought to optimize the aerodynamic performance of an Imperial Front Wing (IFW) F1 race car. Mathieu Boyer from Cornell University emerged victorious, showcasing his skills in mechanical engineering and computational fluid dynamics. Boyer will begin his internship with Cadence and the US Fidelity CFD team this summer. The challenge aimed to nurture engineering talent by providing students with access to advanced technology and mentorship.

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Anirudh Devgan, President and CEO of Cadence Design Systems, will speak at the 52nd Annual J.P. Morgan Global Technology Media and Communications Conference on May 21, 2024. The fireside chat will be webcast live at 8:30 a.m. PDT and archived on the Cadence website for 30 days. Investors can access the presentation at cadence.com/cadence/investor_relations.

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Cadence Design Systems, Inc. (Nasdaq: CDNS) announces that Nimish Modi, senior vice president, will participate in a virtual fireside chat at the 19th Annual Needham Technology, Media & Consumer Conference on May 16, 2024. The talk will be live webcasted at 9:45 a.m. PDT and archived on the Cadence website for 90 days.

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Longhorn Electric Racing, a student-run racing team at the University of Texas at Austin, is utilizing Cadence Tools to build the future of electric vehicles. By incorporating Cadence Computational Fluid Dynamics (CFD), the team is overcoming challenges in designing fast and cooling-effective electric cars efficiently. The partnership with Cadence provides valuable real-life software experience for the students.

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Cadence has been named by Fortune and Great Place to Work as one of the 100 Best Companies to Work for in 2024, ranking No. 9. This marks the 10th consecutive year that Cadence has received this recognition. The company's president and CEO, Dr. Anirudh Devgan, highlighted the significance of this achievement and emphasized the importance of a positive workplace culture. The selection process for the list involves evaluating employee feedback and HR data, with a focus on trust and employee empowerment. Cadence has also received recognition as a Great Place to Work in multiple countries and regions worldwide.

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FAQ

What is the current stock price of Cadence Design System (CDNS)?

The current stock price of Cadence Design System (CDNS) is $311.77 as of May 12, 2025.

What is the market cap of Cadence Design System (CDNS)?

The market cap of Cadence Design System (CDNS) is approximately 84.3B.
Cadence Design System Inc

Nasdaq:CDNS

CDNS Rankings

CDNS Stock Data

84.32B
272.10M
0.8%
92.09%
1.55%
Software - Application
Services-prepackaged Software
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United States
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