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Cadence Design Systems

Develops EDA software, IP, verification tools

Lead Software Engineer - Mesh Generation

Full-TimePosted on 10/27/2026
$119k - $221k+ Bonus + Equity
Entry
Master's, PhD
San Jose, CA, USA
In Person
Software Engineering

About the job

Requirements
  • A Master's degree or PhD in Computer Science, Mathematics, Engineering, or a related field is required; the role is targeted to new college graduates.
  • A strong foundation in data structures, algorithms, and computational geometry is required.
  • Strong programming skills in C++ are required.
  • Programming experience in Python is required.
  • Strong problem-solving, teamwork, and communication skills are required.
Responsibilities
  • Research, design, and develop robust and efficient algorithms for mesh generation.
  • Develop computational geometry algorithms for complex 2D and 3D models.
  • Improve mesh quality, robustness, and performance.
  • Investigate and resolve geometric, topological, and numerical issues.
  • Optimize performance using parallel computing and multithreading.
  • Collaborate with the team to develop and integrate mesh generation technologies.
  • Use AI-assisted coding tools and agents to improve development productivity.
  • Contribute to code reviews, testing, debugging, and documentation.
Desired Qualifications
  • Experience with mesh generation algorithms.
  • Experience with geometry processing or mesh optimization.
  • Knowledge of CAD geometry, topology, or geometry kernels.
  • Familiarity with parallel computing or multithreading.
  • Exposure to GPU programming.
  • Experience with AI-assisted software development and coding agents.

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

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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.

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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.

CNC Seeker
Oct 23rd, 2026
Cadence and Nokia advance AI-driven electronic system design.

Cadence and Nokia advance AI-driven electronic system design. Key takeaways. * Nokia is running Cadence's AuraStack AI Super Agent on the Millennium M2000 AI supercomputer, delivering a 5x acceleration of core design and analysis tasks. * The solution fuses agentic AI, GPU-optimized EDA software, and scalable accelerated hardware in a fully on-premises, data-secure environment. * AuraStack automates schematic capture, placement, routing and multi-objective optimization using NVIDIA Nemotron open-model AI. * Cadence's computational stack leverages CUDA-X, cuDSS, and NVIDIA Omniverse to speed power-integrity, thermal, EM and circuit-simulation flows. * The modular Millennium architecture lets Nokia expand compute capacity and run multiple AI-driven workloads in parallel, establishing a new template for large-scale electronic-system design. Cadence-Nokia partnership powers ai-first electronic system design. Why the move to AI matters. Designing modern heterogeneous electronic systems - 5G radios, automotive ASICs, IoT edge modules - requires simultaneous trade-offs across power, timing, thermal and electromagnetic domains. Traditional manual or rule-based flows struggle to explore the combinatorial design space within realistic project timelines. By embedding agentic AI directly into the design kernel, Cadence enables Nokia to evaluate thousands of alternatives in minutes rather than weeks, shortening time-to-market while safeguarding proprietary data behind an on-premises fence. Architecture overview. 1. Agentic AI - AuraStack Super Agent. * Core model: NVIDIA Nemotron open-model foundation, fine-tuned on Cadence's electronic-design datasets. * Functions automated: schematic capture, component placement, detailed routing, multi-objective (power-delay-area) optimization. * Outcome: 5x faster completion of typical "place-and-route" runs (e.g., a 12-hour manual flow reduced to ~2.4 h). 2. Computational software - gpu-optimized EDA stack. | Cadence Module | GPU Library | Primary Acceleration Target | | Power Integrity | CUDA-X + cuDSS | IR-drop & EM-analysis | | Thermal Modeling | CUDA-X | 3-D heat-spread simulation | | EM Characterization | CUDA-X | Full-wave S-parameter extraction | | Circuit Simulation | NVIDIA Omniverse | Real-time transient analysis | * Performance metric: Benchmarks show up to 8x reduction in simulation wall-time for 10 M-gate mixed-signal blocks versus CPU-only runs. 3. Accelerated computing - Millennium M2000 platform. * Compute fabric: 4 x NVIDIA H100 Tensor-Core GPUs (each 60 TFLOPS FP64, 1 PFLOPS FP16). * Memory: 1.5 TB high-bandwidth DDR5 + 256 GB HBM2e per GPU. * Scalability: Modular chassis allow incremental addition of GPU nodes; capacity can grow from 4 to 16 GPUs without re-architecting the software stack. How Nokia leverages the stack. Parallel ai-driven workloads. Nokia runs multiple AuraStack instances concurrently - one for RF front-end layout, another for power-delivery network (PDN) optimization, and a third for thermal-aware floorplanning. The shared M2000 fabric schedules these jobs dynamically, ensuring maximal GPU utilization (> 85 % average) and eliminating idle compute windows. Secure, on-premises deployment. All AI models, design files and simulation results remain inside Nokia's data center, complying with ISO 27001 and GDPR requirements. The platform uses encrypted inter-node communication and role-based access controls, eliminating the risk associated with cloud-only AI services. Comparative snapshot: AI-Enhanced vs. Conventional flow. | Metric | Conventional CPU-Centric Flow | AI-Enhanced AuraStack Flow | | Place-and-Route Time | 12 h (typical) | 2.4 h (5x faster) | | Power-Integrity Simulation | 8 h per iteration | 1 h per iteration | | Thermal Analysis (3-D) | 6 h | 0.75 h | | Design Iterations per Week | 2-3 | 10-12 | | IP Exposure Risk | Cloud-based SaaS (higher) | On-premises, encrypted (lower) | All figures are based on Nokia's internal benchmark suite for a 7 nm RF-SoC design. Bottom line. By coupling Cadence's AuraStack AI Super Agent with the Millennium M2000 GPU supercomputer, Nokia has built a self-contained, AI-first design environment that slashes critical workflow times by up to 5x while preserving strict data security. The three-layer stack - agentic AI, GPU-accelerated EDA software, and modular high-performance hardware - creates a scalable foundation that other systems-level companies can emulate to meet the escalating complexity of next-generation electronic products.

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.