Key Takeaways CDNS has surged 24.6% in a year, beating sector and index gainsAI-driven demand, strong customer R&D spend, and key partnerships are driving revenue gains.Macro weakness, fierce EDA competition and premium valuation weigh on near-term upside potential.Cadence Design Systems (CDNS) stock has risen 24.6% over the past year, higher than the gains registered by the Computer-Software industry (up 23.1%), the broader Computer and Technology sector (up 24.2%) and the S&P 500 composite (up 17.5%).  Im ...