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I listened to Jensen Huang's press conference all the way through today. Everyone was watching data centers and CPUs. But what interested me more was what Huang mentioned about Cadence.
Today, Huang brought up their company in the meeting.
He said they are using their chip design Agent to develop chips. I think this is a pretty exciting narrative in the current market.
Previously, EDA was used by people. Now it’s becoming Agent. The story is highly compelling.
Major players are all in the ASIC era. The demand for EDA was already rising. Not to mention the agentization, which even Huang took the time to share.
Cadence's AgentStack, although announced this spring, has not had strong evidence of major players adopting it. Today, Huang said they are using hundreds of Cadence-provided Agents to design chips, greatly improving efficiency.
Buy in and pray.