Cadence Design Systems (CDNS) stock has gained 10% year to date. However, the stock has underperformed its industry and the broader technology sector. Within the same time frame, the sub-industry and the Zacks Computer and Technology sector have gained 22.5% and 35.3%, respectively. It has also lagged the S&P 500’s growth of 27.9%.Price PerformanceImage Source: Zacks Investment ResearchThis considerable underperformance in its stock price has caught the attention of investors, prompting questions about whet ...

Cadence Design Systems, Inc. (CDNS) recently joined forces with Rapidus Corporation to tackle some of the most pressing challenges in semiconductor design and manufacturing. The partnership aims to deliver artificial intelligence (AI)-driven reference design flows and a robust intellectual property (IP) portfolio to support Rapidus’ 2nm gate-all-around (GAA) process. The initiative also integrates the transformative potential of Rapidus’ backside power delivery network (BSPDN) technology.With rising design ...

Cadence Design Systems, Inc. (CDNS) and AST SpaceMobile, Inc. (ASTS) have partnered to accelerate the latter’s mission to link smartphones with high-speed satellite-beamed internet access. ASTS is using Cadence tools to build a resilient and highly accessible space-based cellular broadband network.Cadence’s advanced tools, flows and IP portfolio were used for the AST5000 ASIC chip, which is a low-power customized architecture. This particular architecture forms the basis of AST SpaceMobile’s BlueBird progra ...

It has been about a month since the last earnings report for Cadence Design Systems (CDNS) . Shares have added about 9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cadence due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Cadence's Q3 Earnings & Revenues Top Estim ...

Shares of Cadence Design Systems (CDNS) have risen 12.3% in the past month, compared with the sub-industry and the Zacks Computer and Technology sector’s returns of 4.7% and 3.4%, respectively. The S&P 500 Index has returned 3.2% in the same period.The stock has also outperformed its peers. In the past month, shares of Synopsys, Inc (SNPS) and ANSYS Inc (ANSS) have gained 5.9% and 3.6%, respectively, while Keysight Technologies, Inc (KEYS) has lost 2.8%. One-Month Price PerformanceImage Source: Zacks Invest ...

When thinking about innovative companies that are trying fervently to stay ahead of the competition, research and development (R&D) spending is a key indicator of this ethos. Often quoted as a percentage of revenue, R&D spending is a driving force for many companies, especially those in the technology sector. Without it, businesses will eventually render their products inadequate as the competition provides greater value to their customers. Strong R&D spending looks even better when combined with a company ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cadence Design Systems. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Have you evaluated the performance of Cadence Design Systems' (CDNS) international operations during the quarter that concluded in September 2024? Considering the extensive worldwide presence of this maker of hardware and software products for validating chip designs, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In the current global economy, which is more interconnected than ever, a company's success in penetrating internati ...

文章核心观点 - Cadence Design Systems (NASDAQ: CDNS)公司在第三季度财报中实现了营收和利润的超预期增长,并提高了全年业绩指引 [1] - 作者认为这家公司是值得长期投资的标的,并将其评级为买入 [1] 公司概况 - Cadence Design Systems是一家专注于电子设计自动化(EDA)软件和半导体IP的公司 [1] - 作者有超过20年的华尔街从业经验,专注于科技、媒体和电信(TMT)行业的投资 [1] - 作者的投资策略是专注于科技行业,注重风险管理,并关注具有良好基本面和创新产品的公司 [1] 行业趋势 - 作者认为科技行业的指数增长已经达到了颠覆性的高峰,消费者对创新的需求正在飙升 [1] - 这种趋势为投资者提供了良好的机会窗口 [1]

Key TakeawaysShares of electronic design automation firm Cadence Design Systems led the S&P 500 Tuesday following a strong earnings report.The company cited demand for AI-related products, with revenue from its Cadence.AI portfolio tripling year-over-year.Cadence sales skyrocketed in its intellectual property and system design and analysis businesses. Shares of Cadence Design Systems (CDNS) shares climbed more than 12% on Tuesday to notch the top daily performance of any S&P 500 stock after the electronic d ...