C

Cadence Design Systems

Develops EDA software, IP, verification tools

Senior Principal Digital Design Engineer

Full-TimeDeadline 12/31/26
$154k - $286k/yr+ Bonus + Equity
Senior
Master's
San Jose, CA, USA
In Person
Hardware EngineeringSilicon & ASIC Design

About the job

Requirements
  • A Master of Science in Electrical Engineering or equivalent advanced degree with at least 5 years of significant experience designing complex protocols, register-transfer-level designs, and/or hardware systems.
  • Extensive hands-on experience with Verilog and SystemVerilog register-transfer-level design.
  • Strong understanding of register-transfer-level verification methodologies, tools, and flows.
  • Demonstrated ability to debug complex hardware, register-transfer-level, protocol, and system-level issues.
  • Strong analytical and problem-solving skills, including the ability to identify root causes and develop practical solutions.
  • Excellent written and verbal communication skills in English.
  • Ability to work effectively as an individual contributor while collaborating closely with engineering, product, and customer-facing teams.
  • Strong organizational and planning skills, including the ability to manage multiple priorities, schedules, and deliverables in an agile and adaptive environment.
  • High emotional intelligence and a collaborative approach to communication, problem-solving, and conflict resolution.
Responsibilities
  • Design, develop, verify, and productize system-level memory intellectual property models for hardware-based verification platforms.
  • Develop memory models supporting LPDDR, HBM, NAND Flash using ONFI, QSPI, or OSPI, eMMC, SD Card, DFI, and UFS technologies and interfaces.
  • Maintain, enhance, debug, and support existing memory intellectual property products throughout their lifecycle.
  • Develop high-quality register-transfer-level designs using Verilog and SystemVerilog, applying sound design and coding practices.
  • Develop and execute verification strategies using industry-standard simulation and emulation tools and methodologies.
  • Diagnose and resolve complex register-transfer-level, protocol, system, and customer issues through debugging and root-cause analysis.
  • Create and maintain technical documentation for memory intellectual property, including design specifications, user documentation, and product support materials.
  • Work directly with internal and external customers to understand requirements, investigate issues, and develop solutions for emulation, simulation, and verification environments.
  • Plan and manage individual project schedules, priorities, deliverables, and technical tasks while adapting to changing business and customer needs.
  • Collaborate with cross-functional engineering teams to support cross-verification, knowledge sharing, and cross-training across memory intellectual property products.
  • Contribute to and help evolve engineering lifecycle processes, methodologies, and quality practices to ensure reliable, maintainable, and high-quality products.
  • Proactively identify technical risks and opportunities for improvement and drive issues to resolution.
Desired Qualifications
  • Experience with Cadence simulation and/or emulation products.
  • Experience with hardware emulation, simulation, or other hardware-based verification platforms.
  • Programming or scripting experience with Perl, Tcl/Tk, C-shell, or similar languages.
  • Experience with memory subsystem architecture, design, and operation.
  • Experience designing or verifying memory protocols such as LPDDR, HBM, NAND Flash, eMMC, SD, DFI, or UFS.
  • Experience developing reusable intellectual property models or verification components for complex system-on-chip or system-level environments.

About the company

Cadence Design Systems provides software, hardware, and IP for electronic design automation (EDA) to help customers design advanced semiconductor chips and electronic systems. Its tools cover system-level design and verification, digital and analog IC design, and custom design flows, with IP offerings like Tensilica processors and DSP cores available for licensing. It differentiates itself by offering an end-to-end EDA portfolio and deep collaboration with industry leaders across implementation, verification, and IP. The goal is to help customers bring sophisticated silicon and electronics to market faster while reducing risk and improving productivity across AI, audio, video, and automotive applications.

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1988

Get referred to Cadence Design Systems

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 revenue rose 24% to $1.584 billion, lifting full-year guidance.
  • Intel and Honda validated Cadence’s AI and IP products with fresh design wins.
  • SPDRM 2026.2.3 boosted concurrency 50%, strengthening Cadence’s enterprise workflow moat.

What critics are saying

  • Cadence sued Suzhou Tianzhun in August 2026 over cracked software and copyright infringement.
  • Cadence trades above 15 times revenue; any AI demand slowdown can compress multiples fast.
  • Synopsys’ Ansys bundle threatens Cadence’s pricing power in verification, IP, and system design.

What makes Cadence Design Systems unique

  • Cadence’s 2026 ChipStack agents automate spec-to-RTL, verification, and PPA optimization.
  • Cadence’s PCIe 6.0 subsystem passed July 2026 compliance first-pass on TSMC N3.
  • Cadence’s July 2026 backlog hit $8.1 billion, showing entrenched design-in lock-in.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • Dental Insurance
  • Life Insurance
  • Flexible Work Hours
  • Paid Vacation
  • Paid Sick Leave

Growth & Insights and Company News

6 month growth

1%

1 year growth

-1%

2 year growth

-1%
Yahoo Finance
Oct 24th, 2026
Cadence and NVIDIA launch Europe's first sovereign AI platform for chip design, with Nokia on board

Cadence Design Systems has launched what it calls Europe's first sovereign AI platform for semiconductor and system design. The platform, built with NVIDIA, runs from a data center in Munich. The data center uses Cadence's AuraStack AI platform and focuses on European chip and system design work. Nokia is the first named customer, deploying AuraStack on the Millennium M2000 Supercomputer for AI-driven design automation and high performance computing. Cadence has a market value of about $85.3 billion. The launch tests whether enough large customers will adopt the stack at scale to make AI "super agents" a long-term earnings driver.

Yahoo Finance
Oct 23rd, 2026
3 resilient software stocks: JFrog, Cadence and CLEAR Secure with up to 86.8% gross margins

Software is cutting operating costs for businesses, and the industry's 54.6% return over the last six months has beaten the S&P 500 by 45.5 percentage points. Yet low barriers to entry mean fierce competition, and few companies will thrive long term. Three software stocks stand out as resilient, according to StockStory. JFrog (NASDAQ:FROG), valued at $11.58 billion, sells a platform for creating, storing, and distributing software packages. Billings growth averaged 31.5% over the last year, and its free cash flow margin is 28.3%. Shares trade at $93.19, or 16.7x forward price-to-sales. Cadence Design Systems (NASDAQ:CDNS), valued at $89.8 billion, supplies software and hardware for chip design. Its gross margin is 86.8% and billings growth averaged 17.9%. The stock trades at $308.58, or 13.4x forward price-to-sales. CLEAR Secure (NYSE:YOU), valued at $4.69 billion, offers biometric identity verification. Revenue grew 36% annually over five years, with a 50.8% free cash flow margin. Shares trade at $45.43, or 3.9x forward price-to-sales.

Yahoo Finance
Oct 20th, 2026
Cadence stock up 105.2% in five years while typical software peer fell 48.2%

Cadence Design Systems (CDNS) shares rose 105.2% in the five years to October 19, 2026, beating 119 of 125 companies in the application software industry. The typical company in that industry fell 48.2%, so the industry did not carry the stock. The S&P 500 gained 70.2% over the period. The typical information technology company fell 23.9%. Earnings per share rose 107.0%, closely tracking the share price. Revenue grew an average of 15.5% a year over three years, against 11.1% for the typical peer. Management raised its fiscal 2026 revenue growth guidance to 19%. Fiscal third-quarter results are expected on or around October 26, 2026.

Yahoo Finance
Oct 14th, 2026
Cadence stock rose 13x in a decade to $129,800, but fell 20% or more seven times

A $10,000 investment in Cadence Design Systems (CDNS) stock grew to about $129,800 over the past ten years, before dividends. The same sum in the S&P 500 reached about $36,500. Holding it was hard. The stock fell 20% or more from a closing high seven times, and three of those drops reached 30% or more. The latest fall was the deepest. Shares dropped 34% from early June to mid-September 2026, while the S&P 500 slipped 0.3%. The business held up. Twelve-month revenue rose 5.6% over that span, and operating margin stayed near 31%. The stock has since risen 22% from its September low but remains about 20% below its June high.

Yahoo Finance
Oct 2nd, 2026
Fair Isaac faces mortgage score challenge while Cadence grows across all products

Fair Isaac and Cadence Design Systems both sell products customers cannot easily replace, but their growth drivers differ significantly. Cadence's chip design software grows across all product groups, whilst Fair Isaac's growth stems primarily from raising prices on its FICO Score. In September 2026, the Federal Housing Finance Agency announced it would start using VantageScore, a cheaper rival, to set mortgage prices. This decision particularly affects Fair Isaac, whose Scores revenue grew 41% in fiscal Q3 2026, driven mainly by higher mortgage score prices. Cadence carries far less debt, at 2.7% of market value versus Fair Isaac's 40%. Fair Isaac trades at 18.4 times earnings compared to Cadence's 69.7 times. Fair Isaac's share price has fallen 56% over the past year, whilst Cadence is down 0.2%. Fair Isaac has not reported results since the government announcement.