AI Index / Cadence Design Systems, Inc.
Cadence Design Systems, Inc. (CDNS)
Cadence Design Systems' businesses include electronic design automation (EDA) software, system design and analysis (SDA), hardware platforms like Palladium and Protium and intellectual property (IP) cores. AI contributes to these areas through the Cadence.AI portfolio, which integrates AI-driven automation into EDA tools while also enhancing productivity. AI is also embedded in SDA solutions and drives demand for hardware platforms used in designing chips for AI workloads. Cadence has launched Fem.AI, an initiative aimed at increasing women's representation and leadership in the tech industry, with a focus on AI.
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Cadence delivered exceptional financial results for the second quarter of 2025, exceeding our Q2 revenue and EPS guidance driven by ongoing broad-based strength across our AI-driven product portfolio.
- Anirudh Devgan
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Quotes from cadence Executives About Artificial Intelligence and Generative AI
Our Cadence AI portfolio powered by multiple autonomous silicon agents and built on our unified JedAI platform, with NVIDIA accelerated compute, is delivering optimized designs and massive efficiency gains for our customers.
- Anirudh Devgan
Customer R&D investments remain robust, particularly as AI drives exponential design complexity, such as in advanced node design and complex system architectures.
- Anirudh Devgan
Embedding Agentic AI into our design platforms across core EDA, system design and system simulation workflows enables the evolution from a traditional tool-based flows to autonomous goal-driven agents.
- Anirudh Devgan
Our industry-leading Palladium Z3 and Protium X3 platforms accelerated their momentum, delivering outstanding results with Q2 being the best revenue quarter ever for our hardware systems. Demand for hardware was strong and broad-based, driven by AI, HPC and automotive customers.
- Anirudh Devgan
At CadenceLIVE 2025, we launched the Cadence Tensilica NeuroEdge 130 AI Co-Processor to accelerate physical AI applications.
- Anirudh Devgan
Our AI-driven Allegro X PCB design platform saw continued proliferation as multiple aerospace and defense, hyperscale and EV customers took advantage of the platform's meaningful productivity and next-generation capabilities.
- Anirudh Devgan
Our verification software suite that includes Verisium, Xcelium and Jasper and leverages big data and AI to optimize verification workloads saw continued expansion with 27 new logos in Q2.
- Anirudh Devgan