Cadence Design Systemsvs.Lam Research
CDNS vs LRCX · both in Semiconductor equipment & IP, part of the AI & digital infrastructure value chain: The machines and chip IP advanced semiconductor manufacturing cannot do without.
Lam Research is about 4.6× larger than Cadence Design Systems by market cap; Lam Research trades at the lower P/E (56.2 vs 64.7); year to date, Lam Research leads (+81.2% vs +1.1%).
Side by side
| CDNS | LRCX | |
|---|---|---|
| Market cap | $89.2B | $408B |
| Price | $331.90 | $314.66 |
| Today | +5.1% | +1.4% |
| Return YTD | +1.1% | +81.2% |
| Return 1Y | −9.6% | +209.9% |
| P/E | 64.7 | 56.2 |
| P/S | 15.3 | 17.6 |
| P/B | 13.0 | 32.7 |
Data as of 2026-08-26 · updates daily after U.S. close
The two companies
Cadence Design SystemsCDNS
Ranks second in EDA behind Synopsys: design and verification software, licensable IP blocks, plus simulation that reaches past the chip to the whole system.
Full CDNS profile →Lam ResearchLRCX
Etch and deposition tools, strongest where HBM memory and 3D stacking need them.
Full LRCX profile →More CDNS & LRCX comparisons
Other head-to-heads in the Semiconductor equipment & IP segment.
See where CDNS and LRCX sit in the full AI & digital infrastructure map: every segment from suppliers to end markets.Open the AI value chain →