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Stock impact report

New Cadence supercomputers aim to speed creation of chips, software [Reuters]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Reuters
April 17 (Reuters) - Cadence Design Systems (CDNS.O) New Tab , opens new tab on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computing chips and the software that will run on them. Cadence makes software that Nvidia (NVDA.O) New Tab , opens new tab , Apple (AAPL.O) New Tab , opens new tab and many other companies use to design chips with billions of transistors, the tiny on-off switches that make computers work. That design process can take a year or more. Companies like Nvidia, whose software offerings are as important to its overall business as its chips, do not want to wait that long to start writing code for the chips. The two upgraded systems Cadence introduced on Wednesday, called Palladium Z3 and Protium X3, create a virtual version of a chip to start writing software while waiting for the physical chip to come back from the factory. Such emulation has become a key reason te Show less Read more
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