1814 ET - Cadence Design Systems customers continue to charge ahead on their research and development investment despite a challenged macro environment. Customers recognize that today's R&D efforts are critical to delivering the groundbreaking products of tomorrow, CEO Anirudh Devgan said during the company's earnings call. He says semiconductors remain foundational to transformative technologies like hyperscale computing, 5G and autonomous systems. The company raised its full-year revenue and adjusted earnings outlook. Shares fall 0.8% in after-hours trading. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
April 28, 2025 18:14 ET (22:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。