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

Vishwadeep Khatri
in AI News & Two Lenses

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Cadence Design Systems anticipates strong revenue growth. The company expects higher earnings for fiscal 2026. This optimism stems from increased investment in specialized artificial intelligence processors. Demand for Cadence's chip design tools is surging. This is driven by complex system-on-chip and AI accelerator designs.

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