From Yahoo Finance: 2025-05-29 13:53:00

The U.S. Commerce Department has sent letters to EDA software companies like Cadence (CDNS), Synopsys (SNPS), and Siemens EDA to stop supplying technologies to China. No formal order has been issued, but companies may need new export licenses for China. This could impact revenue as China accounts for 12-14% of their annual revenue.

Synopsys denied receiving any notifications and reported strong second-quarter results, reaffirming full-year revenue guidance of $6.8 billion. Cadence specializes in computational software for semiconductor design. While CDNS is a potential investment, some AI stocks may offer higher returns with limited downside risk.



Read more at Yahoo Finance: U.S. May Tighten China Export Rules on Cadence (CDNS), Synopsys (SNPS)