$CDNS: Cadence sells software and IP used to design and verify chips. In September it announced new AI-assisted RTL and optimization tools, plus expanded collab

$CDNS: Cadence sells software and IP used to design and verify chips. In September it announced new AI-assisted RTL and optimization tools, plus expanded collaboration with TSMC. The chart shows a five-wave decline, but the support break remains unconfirmed. Price is above its short- and intermedia…