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Cadence forecasts fourth-quarter profit below estimates as US-China trade tensions weigh
Reuters· 2025-10-27 20:55
Core Viewpoint - Cadence Design Systems has forecasted fourth-quarter profit that is slightly below market estimates due to concerns over Sino-U.S. trade tensions impacting demand for its chip design software in China [1] Company Summary - The company is facing challenges in its key market, China, as trade tensions between the U.S. and China threaten to reduce demand for its products [1] Industry Summary - The chip design software industry may experience fluctuations in demand as geopolitical factors, particularly Sino-U.S. relations, continue to evolve [1]