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Reuters

Reuters

Technology

Technology

Chip design software maker Cadence forecasts annual profit below estimate, shares down

Reuters
Summary
Nutrition label

82% Informative

Shares of the San Jose , California -based company fell 5% in extended trading.

Cadence Design Systems makes software for designing everything from chips to jet engines.

Analysts at Berenberg have said demand and customer budgets for Cadence 's system design and analysis products would be muted throughout 2025 .

VR Score

92

Informative language

98

Neutral language

79

Article tone

formal

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English

Language complexity

55

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Hate speech

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Attention-grabbing headline

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Known propaganda techniques

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Time-value

short-lived

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