179010294 story Intel shelled out 16.5 billion on RD in 2024, outspending Nvidia by 28 and AMD by 156, with much of the cash going into chip design, fabrication tech, and the upcoming Nova Lake architecture. "When you compare the RD expenditures to the amount of revenue, though, the story takes on a very different look," notes PC Gamer.
"Intel spent 31 of its net revenue, and 26 for AMD, but Nvidia and Samsung got by on just 10 and 4, respectively." From the report: An analysis of research and development expenditure by TechInsights was reported by Korea JoongAng Daily, but you can get the numbers yourself by pulling up each company's 2024 financial results. For example, AMD declared that it spent 6.456 billion last year (pdf, page 1) on RD, whereas Nvidia forked out 12.914 billion.
It's worth noting that Nvidia's financial statements are numbered one year ahead of the actual period (FY 2026 is 2025 and so on). Anyway, those figures pale in comparison to how much cash Intel burned through in 2024 to research and develop chip, fabrication technologies, software, and all kinds of tech stuffâ"a staggering 16.546 billion (pdf, page 25).
That's 28 more than Nvidia and a frankly unbelievable 156 more than AMD. The nearest non-US semiconductor firm is Samsung Electronics, which spent a reported 9.5 billion on RD.
*Reporting by Hardware.*
Intel Outspends Rivals In R&D: 28% More Than Nvidia, 156% More Than AMD - Slashdot
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