Cadence passes PCIe 6.0 compliance tests
The x8 subsystem operates at 64 GT/s, accelerating AI and high-performance computing development for customers.
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Electronic design automation and intelligent system design software
cadence.comLast updated
In short: Cadence reported record financial results for Q2 2026, raised its annual outlook, and launched the first fully autonomous AI super agent.
The x8 subsystem operates at 64 GT/s, accelerating AI and high-performance computing development for customers.
The partnership targets next-generation AI and physical AI systems, with NVIDIA and Ambarella using the joint platform for AI infrastructure, robotics, and edge AI.
Revenue of $1.584 billion, record backlog of $8.1 billion, and raised 2026 outlook.
Running on Allegro AI Studio, it delivers up to 2X faster time to market, 15X higher productivity, and multiphysics-driven quality.
Cadence stock fell 6.84% to $315.62 as its PCIe 6.0 subsystem passed first-round compliance testing, strengthening its AI data center growth outlook today.
Cadence President and CEO Anirudh Devgan said AI is a growth driver, not a threat, as increasingly complex chips drive demand for the company’s design...
Cadence Design Systems has appointed Lip-Bu Tan as its new CEO, a homecoming after his earlier 2009-2011 tenure. The veteran executive and Walden International founder...
Morgan Stanley says the market's attention is shifting toward AI-driven efficiency. These 24 stocks are among the top AI adopters, the bank said.
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