Cadence Design Systems Shares Rise on Strong Earnings and Custom Chip Outlook

Cadence Design Systems saw its shares increase following an earnings beat, with its CEO expressing optimism about the growing trend of companies developing their own custom chips.

18 Feb, 20:20 — 18 Feb, 20:20

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cnbcMostly Factual194d ago

Cadence Design Systems shares pop on earnings beat, custom chip optimism

CEO Anirudh Devgan said he expects the trend of companies making their own custom chips to accelerate.

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Cadence Design Systems Shares Rise on Strong Earnings and Custom Chip Outlook

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Cadence Design Systems shares pop on earnings beat, custom chip optimism

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