# If Cognizant Technology Solutions Corporation moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/cognizant · Facet: ripple · Updated: 2026-09-24T04:38:20.392369+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Cognizant Technology Solutions Corporation is directly linked to 4 companies (2 supply, 2 revenue relationships) and reaches 26 companies within two hops; the links are backed by 9 dated sources, 2 of them primary filings (as of 2026-09-24).

Cognizant Technology Solutions Corporation operates across Global IT services firm. It is -23.6% in 2026. The supply side (avg -2.4%) has moved harder than the stock (-23.6%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Gilead Sciences, Inc. (+24.5%) and the furthest behind is McDonald's (-14.7%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It relies on enterprise software and cloud platforms such as Microsoft and Workday for delivery and internal operations, while acquisitions extend its engineering capabilities.

## Demand chain (leading)
- T1 McDonald's (https://valuechain.wiki/mcdonalds.md)
- T2 Keurig Dr Pepper Inc. (https://valuechain.wiki/keurig-dr-pepper.md)
- T3 Walmart Inc (https://valuechain.wiki/walmart.md)
- T3 PepsiCo (https://valuechain.wiki/pepsico.md)
- T1 Gilead Sciences, Inc. (https://valuechain.wiki/gilead-sciences.md)
- T2 Cencora, Inc. (https://valuechain.wiki/cencora.md)
- T2 McKesson Corporation (https://valuechain.wiki/mckesson.md)
- T3 CVS Health (https://valuechain.wiki/cvs-health.md)
- T2 Cardinal Health, Inc. (https://valuechain.wiki/cardinal-health.md)

## Supply chain (benefiting)
- T1 Workday, Inc. (https://valuechain.wiki/workday.md)
- T2 Amazon (https://valuechain.wiki/amazon.md)
- T3 Quanta Computer (https://valuechain.wiki/quanta.md)
- T3 Seagate Technology (https://valuechain.wiki/seagate.md)
- T3 Credo Technology (https://valuechain.wiki/credo.md)
- T3 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 TSMC (https://valuechain.wiki/tsmc.md)
- T3 Marvell (https://valuechain.wiki/marvell.md)
- T3 SK hynix (https://valuechain.wiki/sk-hynix.md)
- T3 Astera Labs (https://valuechain.wiki/astera-labs.md)
- T3 Alchip Technologies (https://valuechain.wiki/alchip.md)
- T3 SanDisk (https://valuechain.wiki/sandisk.md)
- T3 Foxconn (Hon Hai) (https://valuechain.wiki/foxconn.md)
- T3 Arista Networks (https://valuechain.wiki/arista.md)
- T3 Anthropic (https://valuechain.wiki/anthropic.md)
- T3 Wiwynn (https://valuechain.wiki/wiwynn.md)
- T3 IonQ (https://valuechain.wiki/ionq.md)
- T3 Rigetti Computing (https://valuechain.wiki/rigetti.md)
- T3 D-Wave Quantum (https://valuechain.wiki/d-wave.md)
- T3 Eaton (https://valuechain.wiki/eaton.md)
- T3 Schneider Electric (https://valuechain.wiki/schneider-electric.md)
- T3 GE Vernova (https://valuechain.wiki/ge-vernova.md)
- T3 Vistra (https://valuechain.wiki/vistra.md)
- T3 Quantum Computing Inc (https://valuechain.wiki/qubt.md)
- T3 Talen Energy (https://valuechain.wiki/talen-energy.md)
- T3 Ciena (https://valuechain.wiki/ciena.md)
- T3 Corning (https://valuechain.wiki/corning.md)
- T3 Cerebras Systems (https://valuechain.wiki/cerebras.md)
- T3 Globalstar (https://valuechain.wiki/globalstar.md)
- T3 Cummins (https://valuechain.wiki/cummins.md)
- T3 ABB (https://valuechain.wiki/abb.md)
- T3 Caterpillar (https://valuechain.wiki/caterpillar.md)
- T3 Celestica (https://valuechain.wiki/celestica.md)
- T3 Digital Realty (https://valuechain.wiki/digital-realty.md)
- T3 Nike (https://valuechain.wiki/nike.md)
- T3 Amorepacific (https://valuechain.wiki/amorepacific.md)
- T3 Procter & Gamble (https://valuechain.wiki/procter-gamble.md)
- T3 ArianeGroup (https://valuechain.wiki/arianegroup.md)
- T3 Fabrinet (https://valuechain.wiki/fabrinet.md)
- T3 Jabil (https://valuechain.wiki/jabil.md)
- T3 Exelon (https://valuechain.wiki/exelon.md)
- T3 Abbott Laboratories (https://valuechain.wiki/abbott-laboratories.md)
- T3 United Parcel Service, Inc. (https://valuechain.wiki/united-parcel-service.md)
- T3 FedEx (https://valuechain.wiki/fedex.md)
- T3 Colgate-Palmolive Company (https://valuechain.wiki/colgate-palmolive.md)
- T3 Norfolk Southern (https://valuechain.wiki/norfolk-southern.md)
- T3 Occidental Petroleum (https://valuechain.wiki/occidental-petroleum.md)
- T3 Entergy (https://valuechain.wiki/entergy.md)
- T3 The Estée Lauder Companies Inc. (https://valuechain.wiki/est-e-lauder-companies.md)
- T3 Ameren Corporation (https://valuechain.wiki/ameren.md)
- T3 Church & Dwight Co., Inc. (https://valuechain.wiki/church-dwight.md)
- T3 Omnicom Group Inc. (https://valuechain.wiki/omnicom-group.md)
- T2 Alphabet (Google) (https://valuechain.wiki/alphabet.md)
- T3 Broadcom (https://valuechain.wiki/broadcom.md)
- T3 Intel (https://valuechain.wiki/intel.md)
- T3 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 TeraWulf (https://valuechain.wiki/terawulf.md)
- T3 NextEra Energy (https://valuechain.wiki/nextera-energy.md)
- T3 Berkshire Hathaway (https://valuechain.wiki/berkshire-hathaway.md)
- T3 MediaTek (https://valuechain.wiki/mediatek.md)
- T3 Flex Ltd. (https://valuechain.wiki/flex-ltd.md)
- T3 Comcast Corporation (https://valuechain.wiki/comcast.md)
- T3 Duke Energy Corporation (https://valuechain.wiki/duke-energy.md)
- T3 Xcel Energy (https://valuechain.wiki/xcel-energy.md)
- T3 Fox Corporation (https://valuechain.wiki/fox.md)
- T1 Microsoft (https://valuechain.wiki/microsoft.md)
- T2 AMD (https://valuechain.wiki/amd.md)
- T3 Micron Technology (https://valuechain.wiki/micron.md)
- T3 GlobalFoundries (https://valuechain.wiki/globalfoundries.md)
- T3 Samsung Electro-Mechanics (https://valuechain.wiki/samsung-electro-mechanics.md)
- T3 ASE Technology (https://valuechain.wiki/ase.md)
- T3 AT&S (https://valuechain.wiki/at-s.md)
- T3 Shinko Electric Industries (https://valuechain.wiki/shinko.md)
- T3 Synopsys (https://valuechain.wiki/synopsys.md)
- T3 Cadence Design Systems (https://valuechain.wiki/cadence.md)
- T3 Arm Holdings (https://valuechain.wiki/arm.md)
- T3 Ibiden (https://valuechain.wiki/ibiden.md)
- T3 Monolithic Power (https://valuechain.wiki/monolithic-power.md)
- T3 Arteris (https://valuechain.wiki/arteris.md)
- T3 Siemens EDA (https://valuechain.wiki/siemens-eda.md)
- T3 Unimicron (https://valuechain.wiki/unimicron.md)
- T2 Western Digital (https://valuechain.wiki/western-digital.md)
- T3 Hoya Corporation (https://valuechain.wiki/hoya.md)
- T2 CoreWeave (https://valuechain.wiki/coreweave.md)
- T3 Core Scientific (https://valuechain.wiki/core-scientific.md)
- T3 Vertiv (https://valuechain.wiki/vertiv.md)
- T3 Super Micro (https://valuechain.wiki/super-micro.md)
- T3 Blackstone (https://valuechain.wiki/blackstone.md)
- T2 Constellation Energy (https://valuechain.wiki/constellation-energy.md)
- T3 Cameco (https://valuechain.wiki/cameco.md)
- T2 OpenAI (https://valuechain.wiki/openai.md)
- T3 Oracle (https://valuechain.wiki/oracle.md)
- T3 SoftBank Group (https://valuechain.wiki/softbank.md)
- T2 IREN (https://valuechain.wiki/iren.md)
- T3 Dell Technologies (https://valuechain.wiki/dell.md)
- T2 Nebius Group (https://valuechain.wiki/nebius.md)
- T3 Gigabyte Technology (https://valuechain.wiki/gigabyte.md)
- T2 Sumitomo Electric (https://valuechain.wiki/sumitomo-electric.md)
- T2 Equinix (https://valuechain.wiki/equinix.md)
- T3 Bloom Energy (https://valuechain.wiki/bloom-energy.md)
- T3 Oklo (https://valuechain.wiki/oklo.md)
- T3 Salesforce, Inc. (https://valuechain.wiki/salesforce.md)
- T3 Legrand (https://valuechain.wiki/legrand.md)
- T2 Brookfield Asset Management Ltd. (https://valuechain.wiki/brookfield.md)
- T3 FirstEnergy (https://valuechain.wiki/firstenergy.md)
- T2 BlackRock (https://valuechain.wiki/blackrock.md)
- T3 Ross Stores (https://valuechain.wiki/ross-stores.md)
- T3 Incyte Corporation (https://valuechain.wiki/incyte.md)
- T3 Altria Group, Inc. (https://valuechain.wiki/altria.md)
- T3 Marathon Petroleum Corporation (https://valuechain.wiki/marathon-petroleum.md)
- T3 Elevance Health, Inc. (https://valuechain.wiki/elevance-health.md)
- T3 Targa Resources Corp. (https://valuechain.wiki/targa-resources.md)
- T3 ONEOK, Inc. (https://valuechain.wiki/oneok.md)
- T3 Edwards Lifesciences Corporation (https://valuechain.wiki/edwards-lifesciences.md)
- T3 Public Service Enterprise Group Incorporated (https://valuechain.wiki/public-service-enterprise-group.md)
- T3 Old Dominion Freight Line, Inc. (https://valuechain.wiki/old-dominion.md)
- T3 Zoetis Inc. (https://valuechain.wiki/zoetis.md)
- T3 American Water Works (https://valuechain.wiki/american-water-works.md)
- T3 Hubbell Incorporated (https://valuechain.wiki/hubbell-incorporated.md)
- T3 Edison International (https://valuechain.wiki/edison-international.md)
- T2 Automatic Data Processing, Inc. (https://valuechain.wiki/automatic-data-processing.md)
- T3 Chubb Limited (https://valuechain.wiki/chubb-limited.md)
- T2 3M Company (https://valuechain.wiki/3m.md)
- T2 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T3 Apple (https://valuechain.wiki/apple.md)
- T2 Expedia Group, Inc. (https://valuechain.wiki/expedia-group.md)
- T3 Carnival Corporation (https://valuechain.wiki/carnival.md)
- T2 WEC Energy Group (https://valuechain.wiki/wec-energy-group.md)

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Full node: https://valuechain.wiki/cognizant.md · JSON: https://valuechain.wiki/cognizant.json