Cadence Lifts Annual Revenue Forecast on Sustained AI Chip-Design Boom

Cadence lifts annual revenue forecast on sustained AI chip-design boom

April 27 - Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment in specialized artificial intelligence processors will continue to drive demand for its chip-design tools.Demand for Cadence's electronic design automation (EDA) software and hardware ha

Cadence Design Systems Non-GAAP EPS of $1.96 beats by $0.07, revenue of $1.47B beats by $10M (NASDAQ:CDNS)

Cadence (CDNS) Q1 earnings: EPS and revenue beat, backlog hits $8B, and FY2026 guidance raised.