Cadence Design Systems Inc (NASDAQ:CDNS) in Artisan Developing World Fund Q3 2024

Electronic Design Automation and Innovation

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Apr 14, 2025
Summary
  • Investment rationale: Leading provider of electronic design automation software.
  • Market positioning: Strong growth in semiconductor and electronics markets.
  • Risks and challenges: Competitive pressures and technological advancements.
  • Recent performance: Robust revenue growth and expanding market share.
  • Future outlook: Continued innovation and expansion of product offerings.

Cadence Design Systems Inc (NASDAQ:CDNS, Financial) was highlighted in the Artisan Developing World Fund's Q3 2024 commentary as a key investment, driven by its leadership in electronic design automation. The company's innovative solutions and strong market presence have fueled significant growth.

"Cadence's commitment to advancing electronic design technology and its ability to capture market opportunities have been instrumental in its sustained growth." — Artisan Partners, Q3 2024 Fund Letter

Read full letter at gurufocus artisan developing world fund q3 2024 commentary 2024 Q3 page.