CDNS results hit record backlog as agentic AI workflows expand
Strong industry demand and robust product performance support double-digit growth and a record backlog at CDNS, with new agentic AI workflows expanding market opportunities.
Strong industry demand and strong product performance are supporting double-digit growth and a record backlog, while new agentic AI workflows are broadening market opportunities. The company said integrating AI, physics-based simulation and compute is essential to future innovation, while its hardware and IP businesses are e…