Cadence (CDNS) Solutions Leveraged by Nisshinbo Micro Devices
Cadence Design Systems CDNS announced that Nisshinbo Micro Devices has utilized various Cadence tools, including the AI-driven Virtuoso Studio custom IC design platform and Clarity 3D Solver, to enhance design efficiency and ensure consistent product delivery to the market.
Nisshinbo Micro Devices has leveraged the Clarity 3D Solver and achieved a significant improvement in electromagnetic (EM) simulation runtime compared to their previous solution, added the report. Nisshinbo Micro Devices will also leverage the AI-powered Virtuoso Studio platform to access a comprehensive range of IC design solutions with seamless integration into Cadence's multiphysics system analysis offerings.
Nisshinbo Micro Devices employs Virtuoso Schematic Editor for design capturing and the Virtuoso ADE Suite alongside the integrated Spectre X Simulator to facilitate efficient circuit design management. Furthermore, Nisshinbo Micro Devices has embraced the Clarity 3D Solver for EM and analysis of module designs, realizing a major solver runtime advantage, added the report.
Cadence Design Systems, Inc. Price and Consensus
Cadence Design Systems, Inc. price-consensus-chart | Cadence Design Systems, Inc. Quote
The Clarity 3D Solver ensures near-linear scalability with high accuracy, enabling concurrent attainment of capacity, accuracy, and simulation speed without trade-offs. The Cadence Custom IC and system analysis solutions have been designed to support the Cadence Intelligent System Design strategy and can enable system improvement.
Cadence offers products and tools that help customers to design electronic products. The company continues to invest heavily in verification and digital design products, helping it launch products that address the ever-growing needs of electronics and semiconductor companies.
In October, the company announced the availability of enhanced system prototyping methods based on the Cadence Integrity 3D-IC Platform, aligned with the 3Dblox 2.0 standard. The Integrity 3D-IC Platform integrates seamlessly with TSMC's 3DFabric configurations, incorporating tools like Voltus IC Power Integrity Solution and Celsius Thermal Solver for coarse-grained feasibility.
CDNS currently carries a Zacks Rank #2 (Buy). In the past year, the stock has gained 39.4% compared with the Zacks sub-industry’s growth of 33.6%.
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The Zacks Consensus Estimate for Watts Water’s 2023 EPS has increased 4.8% in the past 60 days to $7.78. The company’s long-term earnings growth rate is 7.5%.
Watts Water’s earnings beat estimates in all the trailing four quarters, delivering an average surprise of 12.5%. Shares of WTS have rallied 30.5% in the past year.
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