https://referently.com/tags/cdns/ Recent content in CDNS on Referently.com Hugo -- gohugo.io en-us Tue, 28 Jul 2026 00:00:00 +0000 https://referently.com/cadence-q2-a-6.3-billion-guide-raise-on-the-day-lithography-broke/ Tue, 28 Jul 2026 00:00:00 +0000 https://referently.com/cadence-q2-a-6.3-billion-guide-raise-on-the-day-lithography-broke/ Cadence put up quarterly revenue of $1.58 billion, up 24.2 percent year over year, and raised its annual guidance to a range of $6.26 to $6.34 billion against a consensus near $6.21 billion. The stock added more than four percent after hours. The number that matters is not the 24.2 percent. It is the guide raise, and specifically its timing: it landed on the same session in which ASML fell more than seven percent, Applied Materials more than six, and Lam Research more than seven on a report that a Chinese state-backed manufacturer has begun building deep ultraviolet lithography machines.