MediaTek Adopts AI-Driven Cadence Virtuoso Studio and Spectre Simulation on NVIDIA Accelerated Computing Platform for 2nm Designs
Cadence (Nasdaq: CDNS) today announced that MediaTek has adopted the AI-driven Cadence® Virtuoso® Studio and Spectre® X Simulator on the NVIDIA accelerated computing platform for its 2nm development. As design size and complexity continue to escalate, advanced-node technology development has become increasingly challenging for SoC providers. To meet the aggressive performance and turnaround time (TAT) requirements for its 2nm high-speed analog IP, MediaTek is leveraging Cadence’s proven custom/analog design solutions, enhanced by AI, to achieve a 30% productivity gain.
Cadence to Acquire Secure-IC, a Leader in Embedded Security IP
Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire Secure-IC, a leading embedded security IP platform provider. The addition of Secure-IC’s talent and highly complementary, proven portfolio of embedded security IP, security solutions, security evaluation tools and services will augment Cadence’s rapidly expanding portfolio of leading-edge, silicon-proven IP, including interface, memory, AI/ML and DSP solutions.
Cadence Announces Fourth Quarter and Fiscal Year 2024 Financial Results Webcast
Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its fourth quarter and fiscal year 2024 financial results webcast on Tuesday, February 18, 2025.
Cadence Appoints Moshe Gavrielov to Board of Directors
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the appointment of Moshe Gavrielov to its board of directors, effective January 1, 2025. Mr. Gavrielov currently serves as a member of the board of NXP Semiconductors N.V. and Taiwan Semiconductor Manufacturing Company Ltd., as chair of the board of Foretellix and SiMa.ai, and has previously held executive roles at several global technology companies.
Cadence and Rapidus Collaborate on Leading-Edge 2nm Semiconductor Solutions for AI and HPC Applications
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced it is collaborating with Rapidus Corporation to provide co-optimized AI-driven reference design flows and a broad IP portfolio to support the Rapidus 2nm gate-all-around (GAA) process and leverage the design and manufacturing benefits from Rapidus’ backside power delivery network (BSPDN) technology. As the semiconductor industry struggles to keep up with significantly increasing design challenges driven by the need for more computation, GAA and BSPDN manufacturing technologies are becoming vital to meet increasingly stringent power, performance and area requirements.
AST SpaceMobile and Cadence Collaborate to Advance the World’s First and Only Planned Space-Based Global Cellular Broadband Network
Cadence Design Systems, Inc. (Nasdaq: CDNS) and AST SpaceMobile, Inc. (Nasdaq: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, announced today their collaboration to advance AST SpaceMobile’s mission to eliminate connectivity gaps and connect people around the world with high-speed, space-based internet access.
Fortune and Great Place To Work® Name Cadence One of the World’s Best Workplaces™ in 2024, Ranking No. 9
Cadence Design Systems, Inc. (Nasdaq: CDNS) announced that Fortune Magazine and Great Place To Work® have honored the company once again in the Top 10 on its World’s Best Workplaces™ 2024, ranking Cadence #9. This is the ninth time Cadence has appeared on the prestigious World’s Best list, which recognizes only 25 global leaders selected from thousands of organizations that participated in Great Place To Work’s employee survey process—representing the voices of 20 million employees worldwide. The 25 World’s Best Workplaces stood out for creating globally exceptional employee experiences, high-trust relationships and workplaces that are fair and equal to all.
Cadence Reports Third Quarter 2024 Financial Results
Cadence Design Systems, Inc. (
NASDAQCDNS) today announced results for the third quarter of 2024.
Cadence Announces Fem.AI Alliance to Lead Gender Equity Revolution in the AI Workforce
Cadence Design Systems, Inc. (Nasdaq: CDNS) announced that industry leaders Equinix Foundation, NetApp, NVIDIA and Workday are founding members of the Cadence Giving Foundation’s Fem.AI Alliance, a group of companies and institutions that have committed to driving change towards a more representative tech and AI workforce. The Fem.AI Alliance is dedicated to evolving the future workforce by increasing women’s representation and leadership in the tech industry.
Cadence Announces Third Quarter 2024 Financial Results Webcast
Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its third quarter 2024 financial results webcast on Monday, October 28, 2024.
TSMC and Cadence Collaborate to Deliver AI-Driven Advanced-Node Design Flows, Silicon-Proven IP and 3D-IC Solutions
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that it is collaborating with TSMC to enhance productivity and optimize product performance for AI-driven advanced-node designs and 3D-ICs. The rapid adoption of AI applications has created unprecedented demand for advanced silicon solutions capable of handling colossal datasets and computations. To meet these escalating requirements, the industry is pushing the boundaries of advanced-node silicon and 3D-IC technologies. TSMC and Cadence are at the forefront of this revolution, together empowering customers to accelerate time to market while increasing performance.
Synopsys: Looking to Stay Ahead of Industry Trends after Solid Q3Synopsys beat estimates on adjusted earnings per share and revenue. Answers to questions in the earnings call also gave positive signals.
Cadence Launches Fem.AI, Pledges $20M to Kickstart Gender Equity in the AI Workforce
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the launch of Fem.AI—an initiative to propel women and the industry towards a more equitable tech sector, with an emphasis on opportunities in AI. The Cadence Giving Foundation has committed $20 million towards this initiative, including philanthropic and product donations over the next decade to organizations that align with Fem.AI’s mission. By catalyzing the industry to invest in nonprofits, university students and programs, champion women-led ventures, drive product innovation and leverage industry influence, Fem.AI aims to close the gender gap in this critical space.
MarketBeat Week in Review – 7/22 - 7/26Markets are in rally mode fueled by sector rotation and interest rate hopes, that rally may continue as earnings season kicks into high gear next week
Semiconductor Stock Giant Beats on EPS, Faces Large BacklogCadence Systems beat earnings per share expectations but provided a guidance downgrade. It should ramp up manufacturing to meet hardware demand.
Cadence Reports Second Quarter 2024 Financial Results
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the second quarter of 2024.
Cadence Announces Second Quarter 2024 Financial Results Webcast
Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its second quarter 2024 financial results webcast on Monday, July 22, 2024.
Silvaco Stock: Consider Early Investment in New SemiconductorAnalyzing a new player in semiconductors: Silvaco Group. Investors should consider getting in early on the stock after a solid earnings report.
Cadence Expands System IP Portfolio with Network on Chip to Optimize Electronic System Connectivity
Cadence Design Systems, Inc. (Nasdaq: CDNS) today expanded its system IP portfolio with the addition of the Cadence® Janus™ Network-on-Chip (NoC). As larger, more complex SoCs and disaggregated multi-chip systems proliferate to accommodate today’s escalating compute demands, data delivery within and between silicon components has become increasingly challenging—impacting power, performance and area (PPA). The Cadence Janus NoC manages these simultaneous high-speed communications efficiently with minimal latency, enabling customers to achieve their PPA targets faster and with lower risk.
Cadence and Intel Foundry Collaborate on Systems Foundry Enablement for the AI Era
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the achievement of several key milestones in its ongoing strategic partnership with Intel Foundry. Furthering the companies’ collaboration on 3D-IC enablement, EDA flows and IP development across multiple Intel process nodes, beginning with Intel 18A Cadence announced the availability of a complete Embedded Multi-die Interconnect Bridge (EMIB) 2.5D advanced packaging flow, enhancements to the Intel 18A digital and custom/analog flows, a wide-ranging IP portfolio and the corresponding process design kits (PDKs) across various process nodes.
Cadence and Samsung Foundry Accelerate Chip Innovation for Advanced AI and 3D-IC Applications
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced a broad collaboration with Samsung Foundry that includes technology advancements to accelerate design for AI and 3D-IC semiconductors, including on Samsung Foundry’s most advanced gate-all-around (GAA) nodes. The ongoing collaboration between Cadence and Samsung significantly advances system and semiconductor development for the industry’s most demanding applications, including AI, automotive, aerospace, hyperscale computing and mobile.
Cadence Completes Acquisition of BETA CAE
Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced it has completed its previously announced acquisition of BETA CAE Systems International AG, a leading provider of multi-domain, engineering simulation solutions. BETA CAE accelerates Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis suite with highly complementary products, enabling Cadence to offer a more comprehensive portfolio to its customers. BETA CAE has a very strong footprint in the automotive vertical sector and at leading companies in the aerospace, industrial and healthcare industries.
