Cadence Design Systems, Inc. - Common Stock (CDNS)
306.31
+0.62 (0.20%)
NASDAQ · Last Trade: Jun 11th, 4:08 PM EDT
Detailed Quote
Previous Close
305.69
Open
306.00
Bid
306.28
Ask
306.79
Day's Range
302.45 - 309.39
52 Week Range
221.56 - 328.99
Volume
885,649
Market Cap
84.78B
PE Ratio (TTM)
77.55
EPS (TTM)
4.0
Dividend & Yield
N/A (N/A)
1 Month Average Volume
2,192,159
Chart
About Cadence Design Systems, Inc. - Common Stock (CDNS)
Cadence Design Systems is a leading technology company that specializes in electronic design automation (EDA) software and engineering services. The company provides a comprehensive suite of tools and solutions that facilitate the design, verification, and implementation of integrated circuits and electronic systems. Cadence's offerings enable engineers to create innovative products across various industries, including consumer electronics, automotive, and telecommunications. By leveraging advanced algorithms and machine learning, Cadence helps customers improve their design efficiency, reduce time to market, and enhance the overall performance of their electronic products. Read More
At NVIDIA GTC Paris, Cadence (Nasdaq: CDNS) announced it is providing optimized solutions for the world’s first industrial AI cloud in collaboration with NVIDIA.
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Shares of semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) fell 5.2% in the afternoon session after the Trump administration told US companies that make software for designing semiconductor chips to stop selling to China. This instruction was aimed at restricting China's ability to develop advanced semiconductor chips, a critical area for artificial intelligence.
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Trump's order to restrict chip sales to China causes Synopsys and Cadence stocks to drop. Move limits China's access to vital software for chip development.
CADENCE DESIGN SYS INC (NASDAQ:CDNS) shows strong growth fundamentals and a bullish technical setup, making it a stock to watch. Review the latest reports for deeper insights.
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