Cisco Systems, Inc. or Applied Materials, Inc.: Who Invests More in Innovation?

Cisco vs. Applied Materials: Innovation Investment Showdown

__timestampApplied Materials, Inc.Cisco Systems, Inc.
Wednesday, January 1, 201414280000006294000000
Thursday, January 1, 201514510000006207000000
Friday, January 1, 201615400000006296000000
Sunday, January 1, 201717740000006059000000
Monday, January 1, 201820190000006332000000
Tuesday, January 1, 201920540000006577000000
Wednesday, January 1, 202022340000006347000000
Friday, January 1, 202124850000006549000000
Saturday, January 1, 202227710000006774000000
Sunday, January 1, 202331020000007551000000
Monday, January 1, 202432330000007983000000
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Cracking the code

Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Cisco Systems, Inc. and Applied Materials, Inc. are two titans that have consistently invested in research and development (R&D) to stay ahead. Over the past decade, Cisco has consistently outpaced Applied Materials in R&D spending, with its investment growing by approximately 27% from 2014 to 2024. In contrast, Applied Materials has seen a remarkable 126% increase in the same period, reflecting its aggressive push towards innovation.

In 2023, Cisco's R&D expenses reached nearly $7.6 billion, a testament to its commitment to maintaining its technological edge. Meanwhile, Applied Materials, with a more focused approach, invested over $3.1 billion, marking a significant leap from its 2014 figures. This strategic allocation of resources underscores the different paths these companies take in their quest for innovation leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025