Cadence Stock Plunge: Industry Fears or Buying Opportunity?

Cadence stock plummeted 8% after competitor Synopsys cited US-China tensions in a disappointing revenue forecast, sparking fears of a wider semiconductor industry slowdown. Is this an overreaction creating a buying opportunity for the long-term, given Cadence's strong past performance and overall year-to-date growth? Hosted on Acast. See acast.com/privacy for more information.