Cadence Design Systems, headquartered in San Jose, California, employs 11,200 people and specializes in integrated circuit design, offering software and hardware solutions for various electronic applications. Its products include Custom IC Design, Digital IC Design, Functional Verification, and customizable IP offerings.
CDNS has been in the news recently: Shares of Cadence Design Systems, Inc. fell alongside Synopsys, Inc. after the U.S. government urged companies to cease sales of chip design software to clients in China. This decline in stock prices occurred amid broader concerns affecting the semiconductor industry.
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