-- Cadence Design Systems (CDNS) said Wednesday it has expanded its collaboration with Taiwan Semiconductor Manufacturing (TSM), or TSMC, to help customers design advanced artificial intelligence chips faster.
Financial details weren't provided.
The partnership will provide intellectual property, signoff-ready, end-to-end design infrastructure, and certified flows for AI silicon on TSMC's process technologies, leading to fewer design revisions and more time to tape out for customers.
Shares of Cadence and TSMC were up 1.8% and 5%, respectively, in afternoon trading.
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