Cadence Design Systems CEO Anirudh Devgan Says Will Deepen Partnership With Nvidia, Extend It To Millennium Multi-Physics Supercomputer - Conf Call

Cadence Design Systems CEO, Anirudh Devgan, announced plans to deepen the partnership with Nvidia and extend it to the Millennium Multi-Physics Supercomputer. The company added 26 new hardware family members and over 110 repeat customers in the past year. The Q1 outlook assumes an up-front revenue mix of about 14%, with expectations of flat to slightly down sales in China for the full year. Around 1,000 additional staff members are expected by 2024.

Feb 12 (Reuters) - Cadence Design Systems Inc (CDNS.O) :

CADENCE DESIGN SYSTEMS CEO ANIRUDH DEVGAN SAYS WILL DEEPEN PARTNERSHIP WITH NVIDIA, EXTEND IT TO MILLENNIUM MULTI-PHYSICS SUPERCOMPUTER - CONF CALL
CADENCE DESIGN SYSTEMS CEO SAYS HARDWARE FAMILY ADDED 26 NEW AND OVER 110 REPEAT CUSTOMERS DURING THE YEAR
CADENCE DESIGN SYSTEMS CFO SAYS Q1 OUTLOOK AT THE ASSUMES AN UP-FRONT REVENUE MIX OF ABOUT 14%
CADENCE DESIGN SYSTEMS EXPECTS CHINA SALES TO BE FLAT TO SLIGHTLY DOWN FOR FULL YEAR
CADENCE DESIGN SYSTEMS SAYS ABOUT 1,000 EXTRA STAFF IN 2024 Further company coverage: (CDNS.O)

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