Cadence Design Systems, Inc. (CDNS) is a leading provider of EDA software, hardware, and intellectual property used in the design of advanced semiconductor chips and systems. Headquartered in San Jose, California, the company serves a broad customer base spanning semiconductor firms, hyperscalers, and system companies, enabling end-to-end chip design, verification, and system analysis. Cadence has a market cap of $114.8 billion.
Companies worth $10 billion or more are typically classified as “large-cap stocks,” and Cadence Design Systems fits the label perfectly, with its market cap above $100 billion, underscoring its scale, influence, and leadership within the software-application and electronic design automation industry.
