Cadence Design Systems, Inc. (CDNS) Initiated as Overweight by Wells Fargo with $350 Target, Citing AI Monetization and Hardware Growth

Cadence Design Systems, Inc. (CDNS) Initiated as Overweight by Wells Fargo with $350 Target, Citing AI Monetization and Hardware Growth

A list of trending AI stocks includes Cadence Design Systems, Inc. against other AI stocks. Memory chip firms are gaining attention due to their role in AI technology. Kioxia, a key player, is set to debut on the stock market with a significant valuation.

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