CADENCE DESIGN SYSTEMS INC. overview

Cadence (Nasdaq: CDNS) today announced a significant expansion of its portfolio of design IP optimized for Intel 18A and Intel 18A-P technologies and certification of Cadence ® digital and analog/custom design solutions for the latest Intel 18A process design kit (PDK). These advancements are being showcased today at Intel Foundry Direct Connect, underscoring Cadence’s continued leadership in driving industry innovation for artificial intelligence and machine learning (AI/ML),...

Cadence (Nasdaq: CDNS) today announced results for the first quarter of 2025. First Quarter 2025 Financial Results Revenue of $1.242 billion, compared to revenue of $1.009 billion in Q1 2024 GAAP operating margin of 29.1%, compared to 24.8% in Q1 2024 Non-GAAP operating margin of 41.7%, compared to 37.8% in Q1 2024 GAAP diluted net income per share of $1.00, compared to $0.91 in Q1 2024 Non-GAAP diluted net income per share of $1.57, compared to $1.17 in Q1 2024 Quarter-end backlog was $6.4...

Cadence (Nasdaq: CDNS) today announced it is furthering its longstanding collaboration with TSMC to accelerate time to silicon for 3D-IC and advanced-node technologies through certified design flows, silicon-proven IP and ongoing technology collaboration. As a leading provider of IP for TSMC N2P, N5 and N3 process nodes, Cadence continues to deliver cutting-edge AI-driven design solutions to the TSMC ecosystem for multiple horizontal applications from chiplets and SoCs to advanced packaging and...

Cadence (Nasdaq: CDNS) today announced the industry’s first DDR5 12.8Gbps MRDIMM Gen2 memory IP system solution on the TSMC N3 process. The new solution addresses the need for greater memory bandwidth to accommodate unprecedented AI processing demands in enterprise and data center applications, including AI in the cloud. The Cadence ® DDR5 MRDIMM IP boasts a new high-performance, scalable and adaptable architecture based on Cadence’s proven and highly successful DDR5 and GDDR6 product...

Cadence (Nasdaq: CDNS) today announced the industry’s fastest HBM4 12.8Gbps memory IP solution, which meets the increasingly higher memory bandwidth needs of SoCs targeted for the next generation of AI training and HPC hardware systems. The Cadence ® HBM4 solution is compatible with the JEDEC specification JESD270-4 and doubles the memory bandwidth compared to the previous generation of HBM3E IP products. Available now for customer engagements, the Cadence HBM4 PHY and controller IP boast an...

Cadence (Nasdaq: CDNS) today announced that it has entered into a definitive agreement with Arm (Nasdaq: ARM) to acquire Arm’s Artisan foundation IP business, consisting of standard cell libraries, memory compilers, and general-purpose I/Os (GPIOs) optimized for advanced process nodes at the leading foundries. The transaction will augment Cadence’s expanding design IP offerings, anchored by a leading portfolio of protocol and interface IP, memory interface IP, SerDes IP at the most advanced...

Cadence (Nasdaq: CDNS) will hold its first quarter 2025 financial results webcast on Monday, April 28, 2025 . Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Monday, April 28, 2025 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on April 28, 2025 until 5:00 p.m. Pacific Time on Monday, June 16, 2025 at...

Cadence (Nasdaq: CDNS) today announced the expansion of its multi-year collaboration with NVIDIA, focusing on driving advancements in accelerated computing and agentic AI. This partnership addresses critical global technology challenges, delivering tangible advancements that accelerate innovation across a wide range of industry verticals. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318030491/en/ Cadence's deep, multi-year...