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Cadence lifts annual revenue forecast on sustained AI chip-design boom

April 27 - Cadence Design Systems raised its full-year revenue forecast on Monday, betting that sustained, heavy investment in specialized artificial intelligence processors will continue to drive demand for its chip-design tools. Demand for Cadence'... [1411 chars]

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Source Name: MarketScreener
Source Url: https://www.marketscreener.com

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Cadence lifts annual revenue forecast on sustained AI chip-design boom

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