Cadence Design Systems, Inc. engages in the provision of design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 13,152 full-time employees. The firm applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
Follow-Up Questions
What is Cadence Design Systems Inc (CDNS)'s P/E Ratio?
The P/E ratio of Cadence Design Systems Inc is 84.4203
Who is the CEO of Cadence Design Systems Inc?
Dr. Anirudh Devgan is the President of Cadence Design Systems Inc, joining the firm since 2013.
What is the price performance of CDNS stock?
The current price of CDNS is $327.03, it has increased 0.27% in the last trading day.
What are the primary business themes or industries for Cadence Design Systems Inc?
Cadence Design Systems Inc belongs to Technology industry and the sector is Information Technology
What is Cadence Design Systems Inc market cap?
Cadence Design Systems Inc's current market cap is $89.1B
Is Cadence Design Systems Inc a buy, sell, or hold?
According to wall street analysts, 25 analysts have made analyst ratings for Cadence Design Systems Inc, including 7 strong buy, 15 buy, 6 hold, 0 sell, and 7 strong sell
