Cadence Design Systems Inc vs CleanSpark Inc — how do they compare? Cadence Design Systems Inc trades at $326.4 (market cap $90.20B), while CleanSpark Inc trades at $11.88 (market cap $2.96B). The key difference: Cadence Design Systems Inc is far larger — about 30.5× CleanSpark Inc's market cap, and Cadence Design Systems Inc is trading nearer its 52-week high, CleanSpark Inc nearer its low. Which is the better fit depends on your goals.
| CDNS | CLSK | |
|---|---|---|
Market Cap | $90.20B | $2.96B |
Sector | Technology | Technology |
52-Week High | $416.39 | $23.20 |
52-Week Low | $265.66 | $8.18 |
Enterprise Value | $91.41B | $3.95B |
Trailing returns across standard periods
Latest headlines on both assets
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.
Read more on CDNS →CleanSpark is a leading Bitcoin mining company that operates high-density data centers. It focuses on using sustainable energy to power its mining fleet and provides digital infrastructure for the blockchain ecosystem.
Read more on CLSK →