Cadence Design Systems (CDNS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of hardware and software products for validating chip designs have returned +12.1% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Computer - Software industry, to which Cadence belongs, has gained 5.4% over this period. Now the key question is: Whe ...

The industry’s first complete AI thermal design and analysis solution for electronic systems, Cadence® Celsius™ Studio addresses thermal analysis and thermal stress for 2.5D and 3D-ICs and IC packaging, in addition to electronics cooling for PCBs and complete electronic assemblies. (Graphic: Business Wire)The industry’s first complete AI thermal design and analysis solution for electronic systems, Cadence® Celsius™ Studio addresses thermal analysis and thermal stress for 2.5D and 3D-ICs and IC packaging, in ...

Cadence Design Systems (CDNS) closed the most recent trading day at $294.37, moving +1.25% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.76%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, added 1.12%.Heading into today, shares of the maker of hardware and software products for validating chip designs had gained 6.74% over the past month, outpacing the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 2.5% i ...

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Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cadence Design Systems (CDNS) , which belongs to the Zacks Computer - Software industry, could be a great candidate to consider.When looking at the last two reports, this maker of hardware and software products for validating chip designs has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.76%, on averag ...

Cadence Design Systems (CDNS) unveiled a new set of applications designed to enhance the capabilities of its flagship Palladium Z2 Enterprise Emulation System.The applications are domain-specific apps that are tailored to help customers navigate the increasing complexity of system design, boosting system-level accuracy and expediting low-power verification for advanced applications like artificial intelligence, machine learning, hyperscale, and mobile technologies.The Cadence applications and updates delive ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced a new portfolio of applications that significantly enhance the capabilities of its flagship Palladium® Z2 Enterprise Emulation System. These domain-specific apps allow customers to manage increasing system design complexity, improving system-level accuracy and accelerating low-power verification for advanced applications, such as artificial intelligence and machine learning (AI/ML), hyperscale and mobile. Today ...

As AI went from short-term hype to an enduring trend, the world became aware of how important electronic design automation (EDA) software is in 2023. EDA is a type of computer-aided design suite specifically for chips and computing systems. To start 2024, industry leader Cadence Design Systems (CDNS 0.64%) is making an acquisition to double down on its most critical EDA-related services: custom silicon design.The company being acquired is a small engineering team called Invecas, which will be added to Caden ...

In the latest trading session, Cadence Design Systems (CDNS) closed at $268.50, marking a +0.64% move from the previous day. This change outpaced the S&P 500's 0.08% gain on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.Prior to today's trading, shares of the maker of hardware and software products for validating chip designs had lost 1.23% over the past month. This has lagged the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52% in that time.Ma ...

Cadence Design Systems (CDNS) closed the latest trading day at $266.79, indicating a +1.34% change from the previous session's end. This change outpaced the S&P 500's 0.07% loss on the day.The maker of hardware and software products for validating chip designs's shares have seen a decrease of 4.81% over the last month, not keeping up with the Computer and Technology sector's gain of 2.5% and the S&P 500's gain of 3.98%.Analysts and investors alike will be keeping a close eye on the performance of Cadence De ...