I have feeling that $MSFT will buy $CDNS since Microsoft decided to enter the chip design business. Or $SNPS will buy $CDNS to create a giant software IC design tools company.
check out AMD peers $LSCC, $CDNS lscc been doing great since Jim Anderson left AMD and lead lattice, Cadence is something else especially in terms of stock performance, low market cap as well for their TAM they are involved (chips and technology innovation and perfection)
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lscc been doing great since Jim Anderson left AMD and lead lattice, Cadence is something else especially in terms of stock performance, low market cap as well for their TAM they are involved (chips and technology innovation and perfection)