Cadence Design Systems Inc vs Western Digital Corp — how do they compare? Cadence Design Systems Inc trades at $326.51 (market cap $90.20B), while Western Digital Corp trades at $449.67 (market cap $150.95B). The key difference: Western Digital Corp is the larger of the two by market cap, and Western Digital Corp pays a 0.14% dividend while Cadence Design Systems Inc pays none. Which is the better fit depends on your goals.
| CDNS | WDC | |
|---|---|---|
Market Cap | $90.20B | $150.95B |
Sector | Technology | Technology |
52-Week High | $416.39 | $746.23 |
52-Week Low | $265.66 | $74.66 |
Enterprise Value | $91.41B | $150.42B |
Dividend Yield | — | 0.14% |
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 →Western Digital is a vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Read more on WDC →