US1273871087 - Common Stock
CADENCE DESIGN SYS INC
NASDAQ:CDNS (4/25/2024, 7:00:02 PM)
After market: 277.59 +0.51 (+0.18%)277.08
-0.58 (-0.21%)
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. The company is headquartered in San Jose, California and currently employs 10,200 full-time employees. The firm's Custom IC Design and Simulation offerings are used by its customers to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory and radio frequency (RF) designs. Its Digital IC Design and Signoff solutions are used to create logical representations of a digital circuit or an integrated circuit (IC) that can be verified for correctness prior to implementation. The Company’s Functional Verification products are used by its customers to verify that the circuitry or the software they have designed is consistent with the functional specification. Its IP offerings consist of pre-verified, customizable functional blocks. Its System Design and Analysis offerings are used by its customers to develop printed circuit boards (PCBs) and advanced IC packages and to analyze electromagnetic, electro-thermal and other multi-physics effects.
CADENCE DESIGN SYS INC
2655 Seely Avenue Bldg 5
San Jose CALIFORNIA 95134
P: 14089431234
CEO: Lip-Bu Tan
Employees: 10200
Website: https://www.cadence.com/
After leading the market higher coming out of the 2022 bear market, technology stocks have hit a rough patch. Sentiment towards the mega-cap tech companies has shifted, as it now looks like interest rates will remain higher for longer.
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