Cadence Design Systems, Inc. (NASDAQ:CDNS) is a key player in the semiconductor supply chain, with shares up 24.7% year-to-date. Jim Cramer discussed the firm’s partnership with NVIDIA, highlighting its solid performance and positive impact on NVIDIA’s success in China. Cramer praised CDNS’ earnings and its strong position in the tech industry.
Cramer noted that CDNS and Celestica had exceptional earnings, despite market challenges. Both companies, along with Sanmina and FLEX LNG, are in a strong position due to high demand for tech products. CDNS’ success as a partner of NVIDIA underscores its reliability and growth potential in the sector.
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Read more at Yahoo Finance: Cadence Design Systems, Inc. (CDNS)’s Numbers Show NVIDIA Is In Great Shape In China, Says Jim Cramer
