Cadence Design Systems: Expensive But Worth It - Margins And AI Growth Justify Price

Company Overview - Cadence Design Systems (CDNS) is an American computational software company specializing in hardware, electronic design automation software, and intellectual property for designing systems on chips, integrated circuits, and printed circuit boards [1]. Industry Relevance - The services and products offered by Cadence are highly valuable for customers in sectors such as automotive and hyperscale computing [1].