Cadence Design Systems

CDNS

Market cap $102B

The global semiconductor boom has hit a critical bottleneck in 2026 – a severe shortage of skilled chip design engineers. Tech giants are increasingly struggling to source human talent as they race to build custom artificial intelligence (AI) silicon.

Cadence Design Systems on Wednesday launched an artificial-intelligence "super agent" that designs printed circuit boards and chip packages, extending ​the company's push to automate more of the engineering process.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS #AIforDesign--Cadence (Nasdaq: CDNS) today introduced the AuraStack™ AI Super Agent on Cadence® Allegro® AI Studio, the world's first agentic AI platform for printed circuit board (PCB) and advanced packaging design, taking designers from system planning to final product in a single AI-native environment. The Cadence AuraStack AI Super Agent, accelerated by NVIDIA Blackwell and NVIDIA CUDA-X, coordinates domain-specific AI agents across planning, implementation and tightly.

Shares of ON Semiconductor Corp (NASDAQ:ON) are trading 1% lower at $92.75 this afternoon, extending its stay below the $100 threshold.

Cadence (CDNS) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

AMD stock price exploded higher in the quarter as the evolution of the LLM market has led us to agentic AI workloads. CrowdStrike's strong performance in the quarter was due to a narrative shift in the AI trade. Intuitive Surgical stock's second quarter underperformance was due to multiple contraction, which dinged the stock for 21%, slightly offset by strong forward earnings growth.

Cadence Design Systems maintains a strong position in the 2nm semiconductor design market through key foundry partnerships. Synopsys offers broader scale and deeper system simulation capabilities following its massive integration of Ansys.

In the latest trading session, Cadence Design Systems (CDNS) closed at $377.92, marking a -1.63% move from the previous day.

Buy 5 large-cap robotics stocks, ISRG, TER, CDNS, MCHP and FTV for 2H 2026 supported by AI, automation and expanding robotics applications.

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence (Nasdaq: CDNS) will hold its second quarter 2026 financial results webcast on Monday, July 27, 2026.