Menu
  • Home
  • London Exchange
  • Euronext
  • Australian Exchange
  • Wire
  • Contact Us
  • Business & Finance
NewsnReleases

Intel and Cadence join forces to boost AI, HPC and mobile computing

Posted on February 20, 2024February 20, 2024

Intel Foundry Services (IFS) and Cadence Design Systems, Inc. have announced a multiyear strategic agreement to jointly develop a portfolio of key customized IP, optimized design flows and techniques for Intel 18A technology, which features advanced transistors and power delivery methods.

The partnership aims to help customers accelerate their system-on-chip (SoC) projects and achieve optimal performance, power, area, bandwidth and latency for demanding applications in artificial intelligence (AI), high-performance computing (HPC) and premium mobile computing.

The agreement expands the existing collaboration between the two companies and builds on Intel’s engagement with other industry-leading IP providers as it continues to grow the IP ecosystem for IFS customers. IFS is a key component of Intel’s IDM 2.0 strategy, which combines its internal manufacturing capabilities with third-party foundries to deliver a diverse portfolio of products.

Cadence is a leading provider of electronic design software, hardware and IP, with more than 30 years of computational software expertise. The company applies its Intelligent System Design strategy to deliver solutions that turn design concepts into reality.

Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for various market applications, including consumer, hyperscale computing, 5G communications, automotive, mobile, aerospace, industrial and healthcare. Cadence has been named one of the 100 Best Companies to Work For by Fortune magazine for nine consecutive years.

“We furthered our partnership with Intel Foundry Services through a significant strategic multiyear agreement to provide design software and leading IP at multiple Intel advanced nodes, thereby advancing Intel’s IDM 2.0 strategy and accelerating mutual customer success,” said Anirudh Devgan, president and chief executive officer at Cadence.

“We’re very excited to expand our partnership with Cadence to grow the IP ecosystem for IFS and provide choice for customers,” said Stuart Pann, Intel senior vice president and general manager of IFS.

“We will leverage Cadence’s world-class portfolio of leading IP and advanced design solutions to enable our customers to deliver high-volume, high-performance and power-efficient SoCs on Intel’s leading-edge process technologies.”

Cirrus Logic, Intel, and Microsoft announce design to enable high performance PCs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Track all markets on TradingView

Investing.comThe Exchange Rates are powered by Investing.com.

Site Navigation

  • Home
  • Listed Companies
  • Contact Us
  • London Stock Exchange
  • Singapore Exchange
  • Canadian Exchange
  • Australian Exchange
  • Oslo Bourse
  • PSX
  • Ratings
  • Euronext
  • MENA
  • Nasdaq Nordic
  • Wire
  • Business & Finance
  • Gadget Reviews
  • About Us: A Comprehensive Financial News Database

All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

Listed Companies

Equity Markets and Stock Exchanges

NNR
©2025 NewsnReleases | WordPress Theme by Superb WordPress Themes