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Cadence Design Systems Boosts 2026 Forecast Amid Expanding AI-Driven EDA Demand

Cadence Design Systems reported robust second-quarter financial results, driven by broad-based growth across its product portfolio fueled by AI-related demand. The company raised its 2026 revenue and earnings guidance, citing record backlog and expanding adoption of agentic AI tools as key growth drivers. Despite posi…

Friday, August 14, 2026
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