Cadence: How 'Physical AI' and EDA Tailwinds Make a Mid-Term Long Worth Considering
Cadence (CDNS) is a key software platform for semiconductor design and verification. Recent weakness has pulled the stock near $289, giving a measured long opportunity for traders who believe AI-driven ASIC design, strong free cash flow, and a rebound in China will re-accelerate growth. This trade idea lays out entry, stop, target, catalysts, and t…