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Stock

Cadence Design Systems Inc

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$333.32
+$4.06 (1.23%)
At close: Nov 12, 2026, 4:00 PM

Description

Cadence Design Systems develops electronic design automation (EDA) software, accelerated hardware and semiconductor IP that enable customers to design, verify and implement integrated circuits, system‑on‑chips, printed‑circuit boards and complete electronic systems. The company serves the semiconductor and broader electronics‑systems industry, providing tools for chip layout, functional verification, emulation, system‑level simulation and reusable IP blocks. Cadence is a global market leader in EDA, ranking alongside Synopsys as one of the two dominant players that together control the majority of the industry’s market share, and it is recognized for its extensive product portfolio, deep integration with foundry partners and a strong recurring‑revenue business model.

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