ENTITY · cadence
Cadence Design SystemsCDNS
United States·eda software·leader·$106.8B mkt cap
EDA duopolist with Synopsys; strong in analog, PCB and verification.
CLEAR · 0–39
33/100 illustrative
Underwriting Thesis
CLEAR — Cadence Design Systems: sole-source / single-point-of-failure dominance compounded by criticality to DoD-exposed downstream programs in eda software. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration3
Sole-Source Dependence82
Sanctions Exposure0
Downstream Criticality60
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Segments
eda softwareip licensing
Shortest paths → DoD-exposed firms
- Marvell Technology · 1 hop · $184.3MCadence Design Systems → Marvell Technology
- Scale AI · 2 hops · $105.6MCadence Design Systems → NVIDIA → Scale AI
- GlobalFoundries · 3 hops · $1.05BCadence Design Systems → Broadcom → Furukawa Electric → GlobalFoundries
- Valens Semiconductor · 4 hops · $28.3MCadence Design Systems → Broadcom → Furukawa Electric → TSMC → Valens Semiconductor
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 0
No mapped upstream suppliers.
Key Customers · downstream · 9
- NVIDIAUnited StatesDOMESTIC
- AMDUnited StatesDOMESTIC
- IntelUnited StatesDOMESTIC
- QualcommUnited StatesDOMESTIC
- AppleUnited StatesDOMESTIC
- BroadcomUnited StatesDOMESTIC
- MediaTekTaiwanCHOKEPOINT
- Samsung ElectronicsSouth KoreaALLIED
- Marvell TechnologyUnited StatesDOMESTIC