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Cadence (CDNS) Rolls Out 15 VIP Solutions for SoC Verification
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Cadence Design Systems Inc. (CDNS - Free Report) has launched 15 Verification IP (VIP) solutions that enable customers across industrial, automotive, hyperscale data center and mobile domains to develop system-on-chip (SoC). The solutions also effectively aid in verifying SoC designs against the latest industry standards like LPDDR5x, MIPI CSI-2 4.0 and UFS 4.0, USB4, Arm AMBA 5 CHI, and GDDR interfaces.
Organizations worldwide are trying to address the growing requirement for higher bandwidth, lower power and more effective cache coherency management. Cadence’s latest VIP solutions’ launch is set to address the issue.
On May 19, 2020, Cadence also launched 10 VIP solutions to further expand the cadence VIP portfolio and support SoC development. The new VIP solutions also support the expanded cadence system VIP.
The new VIPs provide customers with access to a consistent API with bus function models, integrated protocol checks and coverage models, which, in turn, facilitate rapid adoption.
The VIPs support many applications across multiple industries. In the industrial sector, it supports the MIPI I3C 1.1, MIPI CSI-2 4.0 and eUSB2 1.2, whereas in the hyperscale data center, it supports CCIX 2.0, and the latest version of AMBA CHI and GDDR.
Per company estimates, the new VIP solutions are part of the cadence verification full flow, which generates the highest verification throughput of bugs per dollar invested per day. These, in turn, support the company’s Intelligent System Design strategy.
The Cadence VIPs, including Arm AMBA, Memory Models, MIPI I3C and CSI-2, and eUSB2, along with the advanced cadence System VIP solution, were utilized by STMicroelectronics to generate solutions for its key projects like ST Industrial MCUs and MPUs.
The Cadence TripleCheck technology is included in all Cadence VIP products, which provide users with a specification-compliant verification plan coupled with comprehensive coverage models and a test suite to assure interface specification compliance.
Cadence Design Systems offers products and tools that help customers design electronic products. Through the System Design Enablement strategy, the company offers software, hardware, services and reusable IC design blocks to electronic systems and semiconductor customers.
Shares of CDNS have gained 23.6% in the past year against the industry’s decline of 1.5%.
The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 43.9% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.
InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 21.1% in the past year.
The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.
Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 13.9% in the past year.
The Zacks Consensus Estimate for Avnet’s fiscal 2022 earnings is pegged at $6.83 per share, rising 20.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 37.2%.
Avnet’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 21.22%. Shares of Avnet have grown 9.3% in the past year.
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Cadence (CDNS) Rolls Out 15 VIP Solutions for SoC Verification
Cadence Design Systems Inc. (CDNS - Free Report) has launched 15 Verification IP (VIP) solutions that enable customers across industrial, automotive, hyperscale data center and mobile domains to develop system-on-chip (SoC). The solutions also effectively aid in verifying SoC designs against the latest industry standards like LPDDR5x, MIPI CSI-2 4.0 and UFS 4.0, USB4, Arm AMBA 5 CHI, and GDDR interfaces.
Organizations worldwide are trying to address the growing requirement for higher bandwidth, lower power and more effective cache coherency management. Cadence’s latest VIP solutions’ launch is set to address the issue.
Cadence Design Systems, Inc. Price and Consensus
Cadence Design Systems, Inc. price-consensus-chart | Cadence Design Systems, Inc. Quote
On May 19, 2020, Cadence also launched 10 VIP solutions to further expand the cadence VIP portfolio and support SoC development. The new VIP solutions also support the expanded cadence system VIP.
The new VIPs provide customers with access to a consistent API with bus function models, integrated protocol checks and coverage models, which, in turn, facilitate rapid adoption.
The VIPs support many applications across multiple industries. In the industrial sector, it supports the MIPI I3C 1.1, MIPI CSI-2 4.0 and eUSB2 1.2, whereas in the hyperscale data center, it supports CCIX 2.0, and the latest version of AMBA CHI and GDDR.
Per company estimates, the new VIP solutions are part of the cadence verification full flow, which generates the highest verification throughput of bugs per dollar invested per day. These, in turn, support the company’s Intelligent System Design strategy.
The Cadence VIPs, including Arm AMBA, Memory Models, MIPI I3C and CSI-2, and eUSB2, along with the advanced cadence System VIP solution, were utilized by STMicroelectronics to generate solutions for its key projects like ST Industrial MCUs and MPUs.
The Cadence TripleCheck technology is included in all Cadence VIP products, which provide users with a specification-compliant verification plan coupled with comprehensive coverage models and a test suite to assure interface specification compliance.
Cadence Design Systems offers products and tools that help customers design electronic products. Through the System Design Enablement strategy, the company offers software, hardware, services and reusable IC design blocks to electronic systems and semiconductor customers.
Shares of CDNS have gained 23.6% in the past year against the industry’s decline of 1.5%.
Zacks Rank & Other Stocks to Consider
CDNS currently has a Zacks Rank #2 (Buy).
Some other top-ranked stocks from the broader technology space are InterDigital (IDCC - Free Report) , Vishay Intertechnology (VSH - Free Report) and Avnet (AVT - Free Report) . InterDigital, Vishay Intertechnology and Avnet currently sport a Zacks Ranks #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 43.9% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.
InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 21.1% in the past year.
The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.
Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 13.9% in the past year.
The Zacks Consensus Estimate for Avnet’s fiscal 2022 earnings is pegged at $6.83 per share, rising 20.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 37.2%.
Avnet’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 21.22%. Shares of Avnet have grown 9.3% in the past year.