The Latest Breaking News from Cadence Design Systems

Ahead of the Fourth of July Holiday weekend, U.S. stock markets closed higher on Thursday, with the Dow Jones Industrial Average climbing 0.8% to 44,828.53 and the SP 500 also advancing 0.8% to 6,279.35. The Nasdaq posted a nearly 1% gain, finishing at 20,601.10.These are the top stocks that gained…

Cadence shares rally as the US lifts restrictions from export of chip-design software to China. But Wall Street no longer sees meaningful upside in CDNS stock.

These chip stocks have been under pressure this year. However, current levels present a favorable risk-reward scenario for investors.

Experts are speculating that Nvidia may choose the beleaguered chip giant as its production partner for some of its gaming chips.

Intel just appointed industry veteran Lip-Bu Tan as its new CEO, giving him the challenge of turning around the struggling chipmaker. Tan, a former Intel board member and longtime semiconductor leader, replaces Pat Gelsinger after his sudden departure.

Despite a significant drop in shares to start off 2025, Cadence Design Systems' business remains in strong position for long-term growth as technology advances.

These Bank of America-endorsed semiconductor stocks might power up portfolios as the calendar flips to 2025.

Cadence Design Systems has recently outpaced the Dow, showcasing robust performance, while analysts remain optimistic about its prospects.

These two underperforming chip stocks have significant upside potential from current levels.

Despite Cadence Design Systems’ underperformance compared to the broader Nasdaq Composite, Wall Street analysts remain optimistic about the stock’s prospects.

Despite Cadence Design Systems’ underperformance relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.