2024-06-12 11:42:09 ET
Summary
- Cadence Design Systems is a leading player in the EDA software market for chip and PCB design.
- The company is expanding its Total Addressable Market (TAM) by venturing into the reality platform, CFD market, and biology.
- Cadence aims to improve data center energy efficiency, simulate airflow over jets, and replicate its success in the chip industry in the field of biology.
Cadence Design Systems ( CDNS ) is a mainstay in the EDA (electronic design automation) software, which is used to design chips, ICs, and PCBs (printed circuit boards)....
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Cadence Design Systems: Widening TAM But Less Room For Valuation Expansion