$CDNS

Cadence Design (CDNS) and Analog Devices (ADI) announced a partnership to integrate Cadence's Tensilica DSP into ADI's automotive audio processors. The collaboration aims to enhance in-vehicle infotainment. CDNS reported 40% YoY growth in its IP segment and raised its 2026 revenue outlook to $6.26B–$6.34B. ADI generated $4.02B in Q3 2026 revenue with $4.9B in free cash flow.

Cadence Design Systems' PCIe 6.0 PHY and controller IP, built on TSMC's N3 process, passed first-pass compliance testing at 64 GT/s. The subsystem is now listed on PCI-SIG's Integrators List, confirming its interoperability and production readiness for AI and HPC data centers, according to the company.

Cadence (CDNS) and Analog Devices (ADI) collaborated to develop ADI's next-gen SHARC automotive audio processors, featuring Cadence's Tensilica DSP architecture. The new ADSP-SC84x/2184x platform offers improved performance, energy efficiency, and AI capabilities for advanced automotive audio and voice applications. ADI's Lanfear highlighted the need for higher performance and on-chip AI, while Cadence's Borkar emphasized the focus on high-performance automotive audio and AI.

Cadence and Synopsys certified TSMC's A14 process design flows, supporting 2027 risk production and 2028 volume production. This expands the design ecosystem for TSMC's next full node.

Cadence and Analog Devices (ADI) jointly developed the SHARC-FX core for ADI's new ADSP-SC84x/2184x automotive audio processors, claiming 5x performance improvement over prior generation. The shift from proprietary to licensed IP aims to support AI inference. ADI's automotive revenue grew 16% YoY to $998.2M in Q3 FY 2026, with total revenue at $4.02B. Cadence's IP revenue grew over 40% YoY to $1.58B in Q2 FY 2026.

Cadence (CDNS) introduced a new AI agent for its ChipStack AI Super Agent, automating front-end digital design and verification. The RTL Generation Agent creates RTL from specifications and optimizes it, reducing area by 24% and power by 18% in early trials with Honda. The agent is part of Cadence's strategy to integrate AI into chip design, with availability expected in Q4 2026.

Cadence's PCIe 6.0 subsystem, built on TSMC's N3 process, achieved first-pass compliance certification at a recent PCI-SIG workshop. The x8 subsystem passed all tests at 64 GT/s speed and is now on PCI-SIG’s Integrators List. Positron AI licensed Cadence’s SerDes IP for its AI accelerator chip, citing confidence in the subsystem’s high-bandwidth capabilities. The solution is available for SoC providers and supports up to PCIe 7.0.

SEMICON India 2026 Day 2 saw 25 partnerships in semiconductor manufacturing, supply chains, and workforce development. Tata Electronics announced collaborations for localizing high-purity gases and chemicals, advanced packaging, and semiconductor logistics. L&T Semiconductor Technologies partnered on power electronics and IoT modules. The government and private sector focused on indigenization and skill development. Key participants included Tata, L&T, and international firms.

Cadence Design Systems (CDNS) Sr. VP Paul Cunningham sold 2,000 shares for $554,240 on Sept. 15, 2026, at $277.12 each. He also exercised 1,000 options at $138.02. CDNS stock is near $281, down 19% YoY, with a $77B market cap and P/E of 55.4. Q2 2026 revenue was $1.584B, up 24% YoY, beating EPS estimates. Analysts raised price targets, citing strong guidance and growth.

A Cadence Design Systems insider sold shares worth $554,240, according to a recent SEC filing. The company's stock is currently trading at $280.76, with a 5-day change of +0.31% and a year-to-date change of -1.47%.