Comparing Innovation Spending: Analog Devices, Inc. and Microchip Technology Incorporated

Analog Devices leads in R&D spending over Microchip Technology.

__timestampAnalog Devices, Inc.Microchip Technology Incorporated
Wednesday, January 1, 2014559686000305043000
Thursday, January 1, 2015637459000349543000
Friday, January 1, 2016653816000372596000
Sunday, January 1, 2017968602000545293000
Monday, January 1, 20181165410000529300000
Tuesday, January 1, 20191130348000826300000
Wednesday, January 1, 20201050519000877800000
Friday, January 1, 20211296126000836400000
Saturday, January 1, 20221700518000989100000
Sunday, January 1, 202316601940001118300000
Monday, January 1, 202414878630001097400000
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Unveiling the hidden dimensions of data

Innovation Spending: A Tale of Two Tech Giants

In the ever-evolving world of technology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Analog Devices, Inc. and Microchip Technology Incorporated have been at the forefront of this race. From 2014 to 2024, Analog Devices consistently outpaced Microchip Technology in R&D investment, with a peak in 2022 where it spent approximately 70% more than its competitor. This trend highlights Analog Devices' aggressive push towards innovation, especially in the last few years. Meanwhile, Microchip Technology has shown a steady increase in its R&D expenses, nearly doubling its investment from 2014 to 2023. As we look to the future, these investments are likely to shape the technological landscape, driving advancements in semiconductors and integrated circuits. The data underscores the importance of strategic R&D spending in maintaining a competitive edge in the tech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025