What's Next For On-Device AI? Ask Qualcomm [Forbes]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Forbes
Pretty amazing stuff, but the big news is yet to come with a new Oryon-based Snapdragon expected this Fall, and perhaps a new Cloud AI 100 next year. Qualcomm was pretty confident last week that their AI edge in, well, the edge, is strong and getting stronger. Most of what they covered was known, and we covered a lot of it and elsewhere. But there were a few hints of some big updates coming as well. Qualcomm AI: Bigger is better if you can make it smaller. While the rush is on to make AI ever larger, with mixture of expert models exceeding one trillion parameters, Qualcomm has been busy squeezing these massive models down so they can fit on a mobile device, a robot, or in a car. They say you can always fall back on the cloud if needed for larger AI, but the pot of gold is in your hand: your phone. Qualcomm's vision is to reduce cost and increase personalization using hybrid AI. PROMOTED Qualcomm has invested in five areas that enable these massive models to slim down. While
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News
- Cadence Design Systems, Inc. (NASDAQ: CDNS) had its price target raised by analysts at Robert W. Baird from $322.00 to $341.00. They now have an "outperform" rating on the stock.MarketBeat
- Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems (CDNS) Stock Moves -0.06%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems, Inc. (NASDAQ: CDNS) had its price target raised by analysts at KeyCorp from $350.00 to $355.00. They now have an "overweight" rating on the stock.MarketBeat
CDNS
Earnings
- 4/22/24 - Beat
CDNS
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- CDNS's page on the SEC website