Cadence Reports Record $8.1 Billion Backlog and Lifts Full-Year Outlook
Cadence beats Q2 expectations with $2.11 EPS and $1.58B revenue.
Cadence beats Q2 expectations with $2.11 EPS and $1.58B revenue.
Mizuho sees agentic AI tripling the EDA market and maintains Outperform ratings.
Jensen Huang says AI agents will boost software companies, not kill them, with Cadence launching a fast autonomous chip design AI.
Elliott Investment Management acquires multibillion-dollar stake in Synopsys to boost margins and monetization in the exploding AI chip sector.