Cadence Design Systems Inc vs Ginkgo Bioworks Holdings Inc — how do they compare? Cadence Design Systems Inc trades at $326.51 (market cap $90.20B), while Ginkgo Bioworks Holdings Inc trades at $7.51 (market cap $505.73M). The key difference: Cadence Design Systems Inc is far larger — about 178.4× Ginkgo Bioworks Holdings Inc's market cap, and Cadence Design Systems Inc is trading nearer its 52-week high, Ginkgo Bioworks Holdings Inc nearer its low. Which is the better fit depends on your goals.
| CDNS | DNA | |
|---|---|---|
Market Cap | $90.20B | $505.73M |
Sector | Technology | Health |
52-Week High | $416.39 | $16.14 |
52-Week Low | $265.66 | $5.48 |
Enterprise Value | $91.41B | $607.68M |
Trailing returns across standard periods
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 →Ginkgo Bioworks is a leading horizontal platform for cell programming. It uses advanced automation and software to design custom organisms for customers across diverse industries, including food, agriculture, and pharma.
Read more on DNA →