Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Technology

Cadence raises annual forecasts as demand booms for AI chip design

Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for its AI-powered chip and system design software.

Shares of the company rose more than 5% in extended trading.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.