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Cadence Stock Can Be an AI Winner. The Earnings Prove It.
Barrons.com8d agoneutral
Cadence Stock Can Be an AI Winner. The Earnings Prove It.

Cadence Design Systems stock jumped Tuesday after the chip-design company reported better-than-expected earnings and reaffirmed its positioning as an artificial-intelligence beneficiary. Cadence reported adjusted earnings of $2.11 a share in the second quarter, up from $1.65 a year ago and above analysts’ consensus estimate of $2.05, according to FactSet. Cadence lifted its full-year guidance for adjusted earnings per share to between $8.05 and $8.15, up from a previous range of $7.85 to $7.95.

Cadence Design Systems Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Cadence Design Systems Q2 Earnings Call Highlights

Cadence Design Systems (NASDAQ:CDNS) reported second-quarter 2026 results that exceeded its guidance, supported by demand for AI-driven design tools and broad-based growth across its businesses. The company raised its full-year outlook, citing accelerating design activity, record backlog and continu

Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say
Reuters29d agoneutral
Synopsys to cut chip fab manufacturing control software in shift to AI design, sources say

U.S. chip design giant Synopsys plans to stop offering a suite of manufacturing process control software used by global semiconductor makers, six sources briefed on the matter said, as it seeks to ‌divert resources to higher-margin offerings such as AI design. Synopsys in April and May informed more than 10 chipmakers including Samsung Electronics, ‌SK Hynix, Kioxia Holdings Corp and Qorvo Inc about the "end of life" move that means Synopsys will not provide future new versions and will only carry out maintenance obligations, two of ​the sources said.

Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More
24/7 Wall St.43d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More

Pre-Market Stock Futures: Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday. We may start to see some end-of-the-quarter reallocations and selling for Hedge funds, ETFs, and Mutual Funds this week, and today looks like a starting point. With most corporate buybacks ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike,

Analysis-Software stocks bounce back - now comes the hard part
Reuters63d agoneutral
Analysis-Software stocks bounce back - now comes the hard part

Software stocks have rebounded from a punishing selloff as investors are betting that AI may boost the sector rather than leaving it for dead. Now investors are flocking to firms they see succeeding at integrating AI and adjusting price models by charging clients based on actual usage – while steering clear of firms that are too dependent on traditional pricing, ​which involves subscription fees based on headcount. "While AI is causing massive disruption, it is remapping the industry rather than destroying it," said Daniel Morgan, portfolio manager at Synovus Trust in Atlanta.

Synopsys Q2 Earnings Call Highlights
MarketBeat69d agoneutral
Synopsys Q2 Earnings Call Highlights

Synopsys (NASDAQ:SNPS) reported fiscal second-quarter results above its own guidance and raised its full-year outlook, citing solid execution, demand tied to artificial intelligence chip development and early benefits from its integration of Ansys. President and CEO Sassine Ghazi said Synopsys deli

Synopsys (SNPS) Q2 2026 Earnings Transcript
Motley Fool69d agoneutral
Synopsys (SNPS) Q2 2026 Earnings Transcript

Before we begin, I would like to remind everyone that during the course of this conference call, Synopsys will discuss forecasts, targets and other forward looking statements regarding the company and its financial results. EDA IP and multiphysics simulation have emerged as essential capabilities in the AI supply chain.

Synopsys raises annual forecast on demand for AI chip design software
Reuters69d agoneutral
Synopsys raises annual forecast on demand for AI chip design software

Synopsys raised its annual results forecast on Wednesday, signaling ‌steady demand for its chip design ‌software from companies racing to develop AI chips ​and infrastructure. Demand tied to AI has been strong as chipmakers and hyperscalers continued investing in more complex semiconductor designs ‌and intelligent systems. The company expects fiscal 2026 revenue between $9.63 billion and $9.71 billion, ⁠up from its previous forecast of $9.56 billion to $9.66 billion.

Synopsys reaches settlement with Elliott, says Jesse Cohn to join board
Reuters69d agoneutral
Synopsys reaches settlement with Elliott, says Jesse Cohn to join board

Chip design software maker Synopsys has reached an ‌agreement with activist investor Elliott Investment Management ‌that will give one board seat to the activist investor's ​managing partner Jesse Cohn, the company said on Wednesday. Synopsys, which has a market valuation of about $100 billion and counts Tesla and Google parent Alphabet among ‌its customers, has ⁠held discussions with Elliott, one of the industry's most powerful activists, for roughly ⁠two months. Elliott pushed the company to improve its margins and Synopsys' stock price has climbed roughly 20% ​since Elliott's ​involvement became public.

Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift
Bloomberg69d agoneutral
Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift

(Bloomberg) -- While software stocks rebound from the artificial intelligence-driven wipeout earlier this year, Salesforce Inc. hasn’t really benefited. But its earnings after the close Wednesday could pull the company’s shares out of their malaise. Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadEx-President Biden Sues to Stop DOJ Sharing I

Investing.com82d agoneutral
Trump revamps portfolio, adding Nvidia and other AI names

Investing.com -- President Donald Trump's latest OGE Form 278-T disclosure reveals a significant paring of his larger technology securities during the first quarter of 2026. Large-scale sales of securities in Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) were recorded in the peak-valuation tier of $5 million to $25 million.

Investing.com82d agoneutral
Trump revamps stock portfolio, adding Nvidia and other AI names

Investing.com -- President Donald Trump’s latest OGE Form 278-T disclosure reveals a significant paring of his larger technology holdings during the first quarter of 2026. Large-scale sales of Amazon.com Inc (NASDAQ:AMZN), Meta Platforms Inc (NASDAQ:META), and Microsoft Corporation (NASDAQ:MSFT) were recorded in the peak-valuation tier of $5 million to $25 million.

Atomera Q1 Earnings Call Highlights
MarketBeat91d agoneutral
Atomera Q1 Earnings Call Highlights

Atomera (NASDAQ:ATOM) executives said the company made progress across several customer engagements during its first-quarter 2026 earnings call, highlighting momentum in advanced logic, memory, RF, power devices, and gallium nitride (GaN) applications for its Mears Silicon Technology (MST). Gate-Al