Cadence Design Systems Inc (CDNS) Price

BofA Names Nvidia, Broadcom Top AI Chip Stocks for 2026

Bank of America identified Nvidia and Broadcom as its top semiconductor stock picks for 2026, citing sustained growth in AI-related infrastructure spending.

Nvidia Invests $2B In Synopsys, Deepens AI Moat

Nvidia will purchase $2 billion in Synopsys shares to integrate its AI technology directly into chip design software. The strategic investment aims to extend Nvidia's dominance from GPUs into the foundational tools used by the entire semiconductor industry, prompting a 7% rise in Synopsys shares.

Cadence Stock Declines 11% in Quarter, Reflecting Broader Tech Sector Correction

Cadence Q3 Earnings Beat Estimates, Company Raises 2025 Outlook on AI Demand

Cadence CEO to Detail AI and Digital Twin Strategy at UBS Technology Conference