Cadence Design Systems, Inc. (CDNS) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Group 1 - The discussion highlights the partnership between the company and NVIDIA, focusing on opportunities in the emulation space and the integration of physical AI [1] - The CEO introduces a metaphor of a "3-layer cake" to explain the complexity of software and the different types of software that exist, emphasizing that AI will not simply replace software but will coexist with various software types [2]