SAN JOSE, California, June 12 -- Cadence Design Systems, a provider of electronic design automation and semiconductor intellectual property, issued the following news release:

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Cadence Advances Design and Engineering for Europe's Manufacturers on NVIDIA Industrial AI Cloud

PARIS-- At NVIDIA GTC Paris, Cadence (Nasdaq: CDNS) announced it is providing optimized solutions for the world's first industrial AI cloud in collaboration with NVIDIA.