Exhibit 99.02 CADENCE REPORTS FOURTH QUARTER AND FISCAL YEAR 2025 CADENCE DESIGN SYSTEMS, INC. CFO COMMENTARY Key Takeaways for 2025 FY 2026 Outlook Financial Results Webcast FY 2025 KEY Our Q4 2025 financial results webcast will begin February 17, 2026 at 2:00 p.m. (Pacific). The webcast may be accessed at www.cadence.com/cadence/investor_relations. An archive of the webcast will be available on February 17, 2026 until 5:00 p.m. (Pacific) on March 17, 2026. METRICS February 17, 2026 Cadence Q4 and Fiscal Y ...

Core Insights - Cadence Design Systems, Inc. (CDNS) is set to release its fourth-quarter results for 2025 on February 17, with earnings per share (EPS) expected at $1.90 and revenues at $1.42 billion, reflecting a 1.1% increase in EPS and nearly 5% growth in revenues year-over-year [1][2] Financial Performance - The management anticipates fourth-quarter revenues to be between $1.405 billion and $1.435 billion, compared to $1.356 billion in the same quarter last year [2] - For the full year 2025, revenues are projected to be in the range of $5.262 billion to $5.292 billion, with non-GAAP EPS expected between $7.02 and $7.08 [3] - The company has a strong earnings surprise history, beating the Zacks Consensus Estimate in each of the last four quarters with an average surprise of 5.4% [3] Stock Performance - CDNS stock has increased by 1.5% over the past year, contrasting with a 10.4% decline in the Computer-Software industry, while the S&P 500 composite and the Zacks Computer and Technology sector have risen by 18.2% and 14.1%, respectively [6] Market Factors - Ongoing global macroeconomic uncertainties, particularly U.S.-China tech tensions, along with competition in the EDA space and inflation, are concerns ahead of the fourth-quarter earnings [7] - The demand for AI-driven design solutions is significantly influencing Cadence's performance, with strong activity in sectors such as data centers, drones, robotics, and automotive [8][10] Product and Service Developments - Cadence has expanded its AI and IP portfolio through new launches, partnerships, and acquisitions in 2025, benefiting from a $7 billion backlog and increased R&D spending [8][11] - The core EDA business is expected to gain from demand for new hardware systems, particularly among AI, automotive, and high-performance computing clients [13] - Recent product launches, including the ChipStack AI Super Agent and Tensilica HiFi iQ DSP IP, are designed to address the complexities of modern chip architectures and enhance performance in voice AI and immersive audio applications [19][20] Strategic Collaborations - Cadence is collaborating with major tech companies like Qualcomm and NVIDIA on next-generation AI designs, which is expected to enhance its market position [12] - The acquisition of the Design & Engineering division of Hexagon AB is anticipated to accelerate Cadence's footprint expansion in various sectors, including automotive and aerospace [16][17]

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $20.1 million, up 16% sequentially and 30% year-over-year, exceeding guidance [20] - Full year 2025 total revenue reached $70.6 million, a 22% increase year-over-year [20] - Annual contract value plus royalties was $83.6 million, a 28% year-over-year increase, marking a new record [21] - Remaining performance obligations (RPO) totaled $117 million, representing a 32% year-over-year increase, another record high [21] - Non-GAAP gross profit for Q4 was $18.5 million, with a gross margin of 92% [22] - GAAP operating loss for Q4 was $8.5 million, compared to a loss of $7.1 million in the prior year [25] Business Line Data and Key Metrics Changes - Variable royalties increased by 50% year-over-year, with Q4 setting a new record [20] - FlexGen, an AI-driven smart NoC IP product, saw strong customer adoption, licensed for over 30 production device deployments [11] - Ncore, a cache coherent interconnect IP product, also experienced strength in licensing across various edge and server applications [12] Market Data and Key Metrics Changes - The largest impacts on revenue were seen in enterprise computing, automotive, and consumer electronics markets [7] - The number of large royalty reporters tripled in the last two years, indicating a diversified customer base [20] Company Strategy and Development Direction - The acquisition of Cycuity enhances Arteris' product portfolio, focusing on semiconductor cybersecurity assurance [8] - The company aims to address the growing need for cybersecurity in semiconductor designs, which is becoming a major issue [10] - Arteris is positioned to support semiconductor applications in the AI era across various sectors, including automotive and aerospace [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, expecting to report a non-GAAP operating profit as early as Q4 2026 [28] - The company anticipates continued strong demand for its products driven by the proliferation of AI-driven semiconductor designs [7] Other Important Information - Free cash flow was positive $3 million for Q4 and positive $5.3 million for the full year [26] - The company ended the year with $59.5 million in cash and no financial debt [26] Q&A Session Summary Question: Cross-sell opportunities and customer segments - Management highlighted that hardware security assurance is a major issue, opening significant cross-sell opportunities across the semiconductor industry [30][31] Question: NXP's increased use of Arteris solutions - Management confirmed that deploying multiple solutions increases average selling prices significantly, especially with the addition of Cycuity [35][36] Question: Strength in royalties and market segments - Management noted that the growth in royalties was due to both customer diversification and strength in various market segments, particularly automotive [37][38] Question: Impact of security acquisition on P&L - Management indicated that approximately $7 million of the projected revenue for 2026 would come from Cycuity, with expectations of breakeven by Q4 2026 [45][46]

Arteris 4Q 2025 Earnings Presentation Charlie Janac CEO Nick Hawkins CFO February 12, 2026 1 © 2026 Arteris, Inc. Disclaimer This presentation and the accompanying oral presentation have been prepared by Arteris, Inc. ("Arteris" or "the "Company") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or Arteris or any officer, director, employee, agent or advisor of Art ...

Core Insights - Cadence Design Systems, Inc. (CDNS) has launched the ChipStack AI Super Agent, the first agentic AI workflow designed for front-end silicon design and verification, which automates critical tasks and can deliver up to 10x productivity improvements in engineering workflows [1][4]. Group 1: Product Launch and Features - ChipStack is an extension of Cadence's Intelligent System Design vision, integrating agentic AI with existing technologies like Verisium, Cerebrus, and JedAI, which have supported over 1,000 successful tapeouts [2]. - The solution supports both cloud-based and on-premises deployments and integrates with advanced AI models, including NVIDIA Nemotron and OpenAI GPT, enhancing Cadence's vision of a comprehensive silicon agent [3]. Group 2: Strategic Importance - The launch is a significant milestone in Cadence's design-for-AI and AI-for-design strategy, enabling autonomous orchestration of EDA tools and streamlining traditionally manual processes [4]. - Early deployments with major semiconductor companies like Altera, NVIDIA, and Qualcomm are already showing meaningful productivity gains [5]. Group 3: Market Position and Financial Outlook - Cadence is positioned to benefit from rising demand for AI-driven solutions amid strong customer spending on AI initiatives, with the Cadence.ai portfolio gaining traction [7]. - For Q4 2025, revenues are projected to be between $1.405 billion and $1.435 billion, with non-GAAP EPS expected to range from $1.88 to $1.94, compared to $1.356 billion in the same quarter last year [9][10].

Core Insights - The company has entered 2026 with strong momentum and a powerful model that delivers robust revenue and earnings growth as well as top-tier returns [1] - The recent partnership with Cadence, successfully closed 10 days ago, is expected to further accelerate these outcomes [1] Group 1 - The company has built a unique and scalable super regional bank model that delivers industry expertise in 21 regional markets through locally-led teams [1] - Focused execution is generating powerful organic growth across all facets of the business [2] - Proven expertise in seamlessly integrating new partners creates meaningful economic value while ensuring seamless support for customers [2] - These elements come together in a compelling flywheel for value creation that is accelerating as the company expands its footprint [2]

Summary of Huntington Bancshares Conference Call Company Overview - **Company**: Huntington Bancshares (NasdaqGS: HBAN) - **Date**: February 10, 2026 - **Key Speakers**: Steve Steinour (Chairman and CEO), Zach Wasserman (CFO) Key Messages 1. **Strong Business Model**: Huntington has developed a unique and scalable super-regional bank model that delivers robust revenue and earnings growth across 21 regional markets, supported by locally led teams and a national commercial bank [1][2] 2. **Organic Growth**: Focused execution has resulted in powerful organic growth across all business facets, with a reported 11% revenue growth and 16% EPS growth in 2025 [3][4] 3. **Integration Expertise**: The company has proven expertise in integrating new partners, which creates economic value and supports customer service [2][5] 4. **Value Creation Flywheel**: The combination of these elements creates a compelling flywheel for value creation, which is expected to accelerate as the company expands its footprint and capabilities [2][6] Financial Performance - **2025 Results**: - Revenue growth of 11% - EPS growth of 16% - Return on capital at 16% - Tangible book value per share growth of 19% [3][4] - **2026 Projections**: - Expected revenue of approximately $12.6 billion - Anticipated EPS between $1.90 and $1.93 in 2027 [12][16] Strategic Partnerships - **Cadence Partnership**: The recent partnership with Cadence is expected to enhance the consumer and regional bank franchise, expanding operations into 21 states, particularly Texas [2][6] - **Texas Market**: The combined presence in Texas is a strategic advantage, with projected population growth and economic development in the Texaplex region [7][8] - **Cost Synergies**: Expected cost synergies from the Cadence and Veritex partnerships are projected to reach $435 million annually, with $340 million benefiting operating expenses in 2026 [20][21] Revenue and Expense Management - **Revenue Growth Drivers**: - Net interest income growth projected at 10%-13% - Fee revenue growth expected at 13%-16% [21][22] - **Expense Management**: The company aims to reduce baseline operating costs by at least 1% annually, with cumulative savings of $1.4 billion since 2019 [17][18] Investment Strategy - **Reinvestment Focus**: The company plans to reinvest savings from cost efficiencies into high-value revenue-generating initiatives, with a target to double the investment plowback ratio from 4.5% in 2019 to over 8% [17][19] - **Share Repurchase Plans**: Approximately $200 million in share repurchases is expected, with a cumulative reduction in share count of 2%-3% by 2027 [72] Market Position and Future Outlook - **Competitive Advantage**: The local delivery model and national specialty businesses are expected to drive growth, with a focus on maintaining high returns on tangible common equity (18%-19%) and positive operating leverage [25][85] - **Long-term Growth**: The company is optimistic about its growth trajectory, supported by strong operational results and strategic partnerships [25][86] Conclusion - Huntington Bancshares is positioned for strong growth through its scalable business model, successful integration of partnerships, and disciplined financial management. The company is focused on leveraging its competitive advantages to deliver sustained value to shareholders in the coming years [25][86]

Cadence is introducing a new AI tool that can help speed the design of semiconductors, arguing that such technology is necessary to keep up with demand for chips and cope with shortages of skilled labor https://t.co/TLxJW2WaZF ...

Core Insights - Cadence Design Systems (CDNS) is positioned to benefit from the increasing complexity of chip and system design in the AI era, highlighting the growing demand for advanced electronic design automation (EDA), verification tools, and high-performance intellectual property (IP) [1] Industry Summary - The need for sophisticated EDA tools is expanding as the complexity of electronic systems rises, particularly in the context of artificial intelligence [1]

Core Insights - The semiconductor IP market is undergoing significant transformations driven by the rise of generative AI, with companies like Rambus, Synopsys, and Alphawave Semi experiencing drastic changes in their business models and market positions [1] Rambus' Transformation - Rambus has seen its stock price nearly double, reaching approximately $115–125, with a peak of $135, reflecting a nearly 100% increase over the past year due to heightened demand for its technology in the AI era [2][5] - Analysts have raised Rambus' target price to around $120–130, indicating a shift from a reliance on patent licensing to a more central role in AI and data center infrastructure [5] - Rambus has strategically adjusted its product line, selling some assets to focus on high-performance memory subsystems and security IP, which has contributed to its growth [5][6] Market Dynamics and Demand - The current challenge in AI computing is not the speed of GPUs but the data transfer capabilities, with Rambus' DDR5 RCD interface chips being essential for ensuring efficient data flow [6] - Rambus holds over 40% market share in the DDR5 RCD chip segment, which is critical as AI servers transition to DDR5 standards [6] - The company anticipates significant growth in the MRDIMM market, projecting to capture over 40% of this $600-700 million segment [7] Synopsys' Strategic Shift - Synopsys' decision to sell its ARC processor business reflects a shift towards AI-enhanced EDA tools and a focus on high-margin software solutions [8][9] - The sale allows Synopsys to concentrate on AI infrastructure, moving away from the competitive landscape of general-purpose CPU architectures [9][10] - The acquisition of Ansys strengthens Synopsys' capabilities in system-level simulation, positioning it to better serve clients like NVIDIA and Google [9] Alphawave Semi's Acquisition - Alphawave Semi, initially focused on IP supply, transitioned to a full SoC design capability and was acquired by Qualcomm, marking the end of its independent status [11][12] - The acquisition is strategic for Qualcomm as it seeks to enhance its position in high-performance computing and AI infrastructure, leveraging Alphawave's expertise in high-speed interconnect technology [12][13] - The disappearance of Alphawave as an independent entity highlights the increasing difficulty for mid-sized IP companies to survive in the competitive landscape dominated by larger players [13] Industry Trends - The semiconductor industry is witnessing a shift from a focus on CPU performance to the importance of data pathways and interconnect technologies, as AI systems require efficient data flow for optimal performance [14][15] - The market share of processor IP is declining, while interface IP is expected to grow significantly, potentially reaching over 25% of the IP market by 2026 [15][16] - The competitive focus is shifting towards interconnect and system-level capabilities, indicating a structural reorganization within the semiconductor IP market [16]