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Chip design software maker Cadence forecasts annual profit below estimate, shares down

Retrieved on: 2025-02-19 02:48:18

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Summary

The article discusses Cadence Design Systems, which counts Arm Holdings among its clients. Falling revenue forecasts due to economic slowdown and competition from Synopsys' Ansys acquisition impact Cadence's market share. Tags include Synopsys and Arm's association with Nvidia.

Article found on: telecom.economictimes.indiatimes.com

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