SAN JOSE, Calif. August 3, 2023 — Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the Cadence® Tensilica® Xtensa® LX8 processor platform, the foundation for the eighth generation of its industry-leading Xtensa LX processor family. The Xtensa LX8 processor offers significant new capabilities to address the increasing system-level performance and AI requirements of processor-based SoC designs while still providing customers energy-optimized Tensilica…