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Wajeeh Khan

How Should You Play CDNS Stock as US Lifts Export Restrictions on Cadence Design Systems?

Cadence CDNS Cadence Design Systems United States China

Cadence Design Systems (CDNS) opened comfortably in the green this morning after President Donald Trump’s administration removed restrictions from the export of chip-design software to China. 

The announcement potentially signals that China is making significant progress on signing a trade deal with the U.S., which could prove materially positive for semiconductor firms across the board. 

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