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India's electronics exports cross $40 billion: Vaishnaw
India's electronics exports cross $40 billion: Vaishnaw

Hans India

timea day ago

  • Business
  • Hans India

India's electronics exports cross $40 billion: Vaishnaw

Hyderabad: Union Minister Ashwini Vaishnaw on Saturday announced a major leap in India's electronics manufacturing sector, stating that exports have crossed the $40 billion mark — an eight-fold growth over the past 11 years. Domestic electronics production has also increased by 6 times, reflecting a strong upward trajectory in India's digital economy. Speaking at the 14th Convocation of IIT Hyderabad, Vaishnaw attributed this exponential rise to Prime Minister Narendra Modi's strategic vision. 'In just 11 years, we've multiplied electronics production six times and exports eight times. This kind of double-digit CAGR is rare globally,' said Vaishnaw. Highlighting India's advancements in telecommunications, Vaishnaw revealed that the country had successfully developed a complete 4G telecom stack within three and a half years. The stack is now deployed across nearly 90,000 telecom towers, surpassing the network coverage of many developed nations. To enhance innovation, the government has established 100 dedicated 5G labs, providing students with hands-on experience in real-world applications of next-generation wireless technologies. Turning to the semiconductor sector, the minister stated that India is poised to manufacture its first commercial-scale Made-in-India chip within this year. He expressed optimism that India would soon rank among the top five semiconductor-producing nations, highlighting the country's increasing focus on capital equipment and materials crucial for chip manufacturing. Vaishnaw also announced a large-scale talent development initiative aimed at skilling the semiconductor workforce. The Centre has distributed the latest Electronic Design Automation (EDA) tools from global leaders — Cadence, Synopsys, and Siemens — to 270 colleges and institutions. Including startups, the reach extends to 340 institutions. 'No other country has launched a semiconductor talent program of this magnitude,' Vaishnaw remarked. In the transport sector, India's first bullet train is making steady progress, and it is expected to be operational by August or September 2027. Meanwhile, the Indian Railways has already advanced to manufacturing version three of the Vande Bharat train at the Integral Coach Factory in Chennai, showcasing significant strides in indigenous railway engineering. Vaishnaw cited five foundational pillars for India's technological rise — electronics manufacturing, artificial intelligence, semiconductors, the telecom sector, and railways — positioning them as key drivers for the country's next-generation growth and global competitiveness. Let me know if you'd like this adapted into a press release format or designed as a digital feature. Medak MP M Raghunandan Rao and senior officials of the university were present. Later, the minister visited the TiHAN: India's first autonomous navigation testbed for aerial and terrestrial systems of IIT Hyderabad, driving research and innovation in self-driving vehicles and drones.

US eases restrictions on China: Will this hurt India's semiconductor ambitions?
US eases restrictions on China: Will this hurt India's semiconductor ambitions?

Indian Express

time4 days ago

  • Business
  • Indian Express

US eases restrictions on China: Will this hurt India's semiconductor ambitions?

The recent US decision to ease export restrictions on Electronic Design Automation (EDA) software to China represents a significant shift in the global semiconductor landscape. While this development may appear to benefit Chinese chip manufacturers, the implications for India's semiconductor ambitions are far more complex and potentially transformative. In May 2025, the Trump administration initially imposed stringent controls on EDA software exports to China, requiring licences for the sale of critical chip design tools from companies like Cadence, Synopsys and Siemens. However, just weeks later, the US government reversed course, lifting these export restrictions as part of a broader bilateral agreement. This reversal, negotiated during talks in London in June 2025, saw the US agree to lift export restrictions on chip design software in exchange for China's commitment to approve exports of rare earth elements to the US. For India, this development arrives at a crucial juncture in its semiconductor journey. The country has been aggressively pursuing semiconductor self-reliance through its India Semiconductor Mission, which offers up to 50 per cent fiscal support for approved semiconductor fabrication projects. The government's Design-linked Incentive (DLI) scheme provides matching investment support to accelerate the development of India's semiconductor design ecosystem. With Prime Minister Modi recently launching three semiconductor plants valued at over $15 billion, India is clearly positioning itself as a major player in global semiconductor manufacturing. On one hand, it removes a temporary competitive advantage that Indian semiconductor companies might have enjoyed while Chinese firms faced technology access limitations. Chinese companies can now resume full access to cutting-edge EDA tools, potentially accelerating their chip design capabilities and market competitiveness. This could intensify competition in global semiconductor markets where Indian companies are seeking to establish themselves. However, the broader implications may actually favour India's long-term semiconductor strategy. The rapid reversal of export restrictions demonstrates the volatile nature of technology trade policies and the risks of over-dependence on any single market or technology provider. This uncertainty is likely to drive multinational semiconductor companies to diversify their operations and supply chains more aggressively, creating opportunities for India as a stable, democratic alternative. Indian semiconductor entities are already showing promising signs of growth in this environment. The country's semiconductor market, valued at $35.18 billion in 2023, is expected to grow at a remarkable 27.2 per cent CAGR through 2030. Tata Electronics has signed strategic partnerships with Tokyo Electron for equipment and services, focusing on workforce training and R&D enhancement. These developments demonstrate India's commitment to building a comprehensive semiconductor ecosystem that extends beyond mere manufacturing to include design capabilities. The EDA restrictions episode also highlights the critical importance of developing indigenous capabilities. While the immediate restrictions have been lifted, the fact that they were imposed at all underscores the vulnerability of any country dependent on foreign technology tools. India's semiconductor ambitions must include developing domestic EDA tools and capabilities to ensure long-term strategic autonomy. The country should view this as an opportunity to accelerate investments in indigenous semiconductor design software and tools. The geopolitical dynamics surrounding semiconductor technology also present India with unique advantages. As tensions between the US and China continue to shape global technology trade, India's position as a trusted partner for democratic nations becomes increasingly valuable. The country's participation in initiatives like the Quad's semiconductor partnership and its growing ties with Taiwan, South Korea, and Japan position it well to benefit from the ongoing realignment in global semiconductor supply chains. For Indian semiconductor companies, the current environment offers several strategic opportunities. First, the uncertainty around US-China technology trade is likely to drive demand for supply chain diversification, potentially benefiting Indian firms. Second, multinational corporations seeking to reduce their dependence on Chinese suppliers may be more willing to invest in Indian capabilities and partnerships. Third, the focus on supply chain resilience may lead to premium pricing for trusted alternatives, potentially improving margins for Indian companies. The Indian government's response to these developments will be crucial. Beyond the existing financial incentives, India needs to invest heavily in semiconductor education, research infrastructure, and indigenous technology development. The country should also consider establishing its own EDA development programmes, possibly through public-private partnerships or in collaboration with allied nations. The recent policy volatility should serve as a catalyst for India to accelerate its domestic semiconductor capabilities. Looking ahead, the semiconductor industry's future will likely be characterised by continued geopolitical tensions and policy volatility. The rapid reversal of EDA restrictions suggests that technology trade policies may become increasingly transactional and subject to broader diplomatic negotiations. For India, this environment of uncertainty creates opportunities to position itself as a stable, reliable partner for global semiconductor companies seeking to diversify their operations. The challenge for India is to leverage this opportunity while building sufficient indigenous capabilities to avoid dependence on any single country or technology provider. Success will require sustained government support, strategic international partnerships, and a commitment to developing comprehensive domestic semiconductor capabilities across the entire value chain. The recent EDA restrictions episode may ultimately prove to be a catalyst for India's semiconductor ambitions, highlighting both the opportunities and risks in the current global technology landscape. With the right policies and investments, India can emerge as a major beneficiary of the ongoing restructuring of global semiconductor supply chains, transforming from a chip importer to a trusted global semiconductor partner. The writer, a defence and cyber security analyst, is former country head of General Dynamics

James Beard-Nominated Vegan Restaurant Is Closing in Manhattan
James Beard-Nominated Vegan Restaurant Is Closing in Manhattan

Eater

time6 days ago

  • Entertainment
  • Eater

James Beard-Nominated Vegan Restaurant Is Closing in Manhattan

is an editor and reporter for the Northeast region at Eater, focusing primarily on New York City, where she was born and raised. She covers restaurants, bars, pop-ups, and the people powering them. Cadence, the creative soul food spot known for its Southern vegan twists, is closing down in the East Village. An Instagram announcement this week says the decision was made related to a 'significant rent increase.' The lease for the business — a part of Overthrow Hospitality — isn't up for a couple of months, though, and so the restaurant will remain until the end of the summer. 'Cadence was built to honor the richness of Black culinary tradition and the beauty of plant-based Southern cooking. What we created here, with our community, has meant more than words can capture,' the post states. Like all of the hospitality projects in the Overthrow umbrella, Cadence was vegan. It first opened in 2021 under chef Shenarri Freeman, highlighting the intersection of Black foodways and plant-based cooking. Around the time of a positive New York Times review that year, the restaurant said it would be taking over the additional neighboring storefront to meet demand. Freeman received two James Beard nominations for the restaurant. And, in 2021, Eater New York awarded it the best solo dining experience of the year, for its bar seating with dishes like its deep-fried lasagna. In 2022, Eater LA reported that Overthrow was working to bring another of its restaurants, Avant Garden, to California. A year later Freeman went on to open Ubuntu, a West African restaurant in Los Angeles that has been listed as temporarily closed for renovations since the summer of 2024. Today, Cadence is overseen by chef Haley Duren, who will continue to host events in the East Village space through the lease's duration. And, from the sounds of the post, Duren already has a new restaurant gig. Over the past six years and counting, in particular, DeRossi has increasingly gotten a reputation for opening and closing concepts in quick succession, often rebranding the spaces. The latest has been storefront flips for Amor y Amargo, Soda Club, and Al-Andalus. It also applied to the opening of Cadence, which itself replaced another restaurant that didn't work out, a short-lived Indian spot called Night Music, which first debuted from his team in 2019. During the pandemic, a wave of businesses flipped to meatless menus or opened offshoots devoted to vegan cuisine to meet (no pun intended!) the moment. But that momentum has slowed down, and over the last year, many such spots have shuttered, like Modern Love in Williamsburg, or in the case of the Lower East Side Chinese American fast-casual spot, Fat Choy, moved to New Jersey. In 2023, Eater reported that 'when it comes to vegan dining, New Yorkers' appetites have changed,' eulogizing some of the lost vegan spots of an earlier era. Eater NY All your essential food and restaurant intel delivered to you Email (required) Sign Up By submitting your email, you agree to our Terms and Privacy Notice . This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CDNS Unveils LPDDR6/5X Memory IP System for Next-Gen AI & HPC Workload
CDNS Unveils LPDDR6/5X Memory IP System for Next-Gen AI & HPC Workload

Yahoo

time7 days ago

  • Business
  • Yahoo

CDNS Unveils LPDDR6/5X Memory IP System for Next-Gen AI & HPC Workload

Cadence Design Systems (CDNS) recently announced the tapeout of the industry's first LPDDR6/5X memory IP system solution, capable of operating at an impressive 14.4Gbps—a 50% speed boost over previous LPDDR generations. The state-of-the-art IP system not only advances the frontiers of AI infrastructure but also caters to high-performance computing (HPC), data centers and mobile applications by enabling faster data movement, lower latency and scalable integration options. The Cadence IP for the JEDEC LPDDR6/5X standard features a sophisticated PHY architecture combined with a high-performance controller, optimized to deliver exceptional power, performance and area (PPA) efficiency. It provides comprehensive support for both LPDDR6 and LPDDR5X DRAM protocols, ensuring maximum design flexibility. This solution seamlessly integrates into conventional monolithic SoCs as well as advanced multi-die systems by leveraging the Cadence chiplet framework. Notably, this framework, built on the success of the previous LPDDR generation, was successfully taped out in 2024, highlighting its viability for heterogeneous chiplet integration. The integrated PHY and controller memory solution features a cutting-edge, high-performance architecture that is both scalable and adaptable, building on Cadence's well-established DDR5 (12.8Gbps), LPDDR5X (10.7Gbps) and GDDR7 (36G) product lines. As the inaugural release in Cadence's new LPDDR6 IP portfolio, this offering provides full support for the LPDDR6 and LPDDR5X standards, including compatibility with LPDDR5X CAMM2, ensuring robust performance and broad applicability. Designed to serve diverse markets including AI, mobile, consumer electronics, enterprise HPC, and cloud data centers, this advanced LPDDR6/5X memory IP solution delivers improved flexibility to meet varying performance, capacity and cost requirements, supporting extended product lifecycles. The LPDDR6/5X PHY can be tailored to different package and system configurations and is offered as a drop-in hardened macro. This enables quick, reliable integration, significantly accelerating time-to-market for end products. The Cadence LPDDR6/5X controller offers a comprehensive suite of standard and advanced features for memory interfaces, including compatibility with the Arm AMBA AXI bus. Delivered as a soft RTL macro, the controller provides designers with maximum flexibility to optimize features, power, area and performance to suit their specific application needs. Cadence extends its solutions beyond silicon by offering a comprehensive LPDDR6 Memory Model. This model enables engineering teams to conduct thorough protocol checks, achieve functional coverage and follow a defined verification plan to ensure JEDEC compliance. This helps reduce the verification burden on system designers and accelerates the time-to-market for next-generation SoCs adopting LPDDR6. Additionally, this LPDDR6/5X memory IP is part of Cadence's extensive memory IP suite, which also offers DDR, GDDR and HBM technologies. When combined with Cadence's leading analog/mixed-signal tools and UCIe-based chiplet frameworks, customers can develop complete systems with optimized performance and faster time-to-market. Cadence's performance is being boosted by solid demand and intense design activity. Long-term trends such as 5G growth, the rapid rise of hyperscale computing and advancements in autonomous driving are driving increased design work throughout the semiconductor industry. In June 2025, it announced a major expansion of its partnership with Samsung Foundry through a new multi-year IP agreement. This collaboration aims to expand Cadence's portfolio of memory and interface IP solutions across Samsung's advanced process technologies, including SF4X, SF5A and SF2P nodes. By combining CDNS' AI-driven design platforms with Samsung's cutting-edge fabrication technologies, the two companies are set to deliver high-performance, low-power solutions tailored for AI data centers, automotive applications such as ADAS and next-generation RF connectivity. However, the company is up against strong competition from other EDA firms such as Synopsys, ANSYS and Siemens AG (after it acquired Mentor Graphics). This rising competitive intensity puts downward pressure on pricing, squeezing margins. To maintain its edge, Cadence has ramped up its R&D investments, especially in verification and digital design tools, which, while necessary, may hinder operating margin growth. CDNS currently has a Zacks Rank #2 (Buy). Shares of the company have soared 21.3% in the past three months compared with the Zacks Computer-Software industry's growth of 29.8%. Image Source: Zacks Investment Research Some other top-ranked stocks from the broader technology space are NETGEAR, Inc. (NTGR), TaskUs, Inc. (TASK) and Cognizant Technology Solutions Corporation (CTSH). NTGR currently sports a Zacks Rank #1 (Strong Buy), and TASK and CTSH carry a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here NETGEAR's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 179.12%. In the last reported quarter, NTGR delivered an earnings surprise of 105.71%. Its shares have gained 92.6% in the past year. TaskUs' earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, matched in one and missed in the other, with the average surprise being 6.39%. In the last reported quarter, TASK delivered an earnings surprise of 18.75%. Its shares have risen 7% in the past year. Cognizant's earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 6.38%. In the last reported quarter, CTSH delivered an earnings surprise of 3.36%. Its shares have grown 4% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cognizant Technology Solutions Corporation (CTSH) : Free Stock Analysis Report NETGEAR, Inc. (NTGR) : Free Stock Analysis Report Cadence Design Systems, Inc. (CDNS) : Free Stock Analysis Report TaskUs, Inc. (TASK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Are You Looking for a Top Momentum Pick? Why Cadence (CADE) is a Great Choice
Are You Looking for a Top Momentum Pick? Why Cadence (CADE) is a Great Choice

Yahoo

time10-07-2025

  • Business
  • Yahoo

Are You Looking for a Top Momentum Pick? Why Cadence (CADE) is a Great Choice

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Cadence (CADE), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Cadence currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if CADE is a promising momentum pick, let's examine some Momentum Style elements to see if this bank holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For CADE, shares are up 7.87% over the past week while the Zacks Banks - Southeast industry is up 4.73% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.15% compares favorably with the industry's 5.65% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Cadence have increased 26.14% over the past quarter, and have gained 23.01% in the last year. In comparison, the S&P 500 has only moved 15.13% and 13.62%, respectively. Investors should also take note of CADE's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, CADE is averaging 1,525,588 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CADE. Over the past two months, 3 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CADE's consensus estimate, increasing from $2.85 to $2.92 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been 1 downward revision in the same time period. Given these factors, it shouldn't be surprising that CADE is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Cadence on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cadence Bank (CADE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

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