Microchip Technology Incorporated or STMicroelectronics N.V.: Who Invests More in Innovation?

R&D Spending: Microchip vs. STMicroelectronics

__timestampMicrochip Technology IncorporatedSTMicroelectronics N.V.
Wednesday, January 1, 20143050430001155000000
Thursday, January 1, 20153495430001111000000
Friday, January 1, 20163725960001125000000
Sunday, January 1, 20175452930001054000000
Monday, January 1, 20185293000001127000000
Tuesday, January 1, 20198263000001498000000
Wednesday, January 1, 20208778000001272000000
Friday, January 1, 20218364000001388000000
Saturday, January 1, 20229891000001485000000
Sunday, January 1, 202311183000002100000000
Monday, January 1, 20241097400000
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Unleashing insights

Innovation Investment: A Tale of Two Giants

In the ever-evolving semiconductor industry, innovation is the key to staying ahead. Microchip Technology Incorporated and STMicroelectronics N.V. are two titans in this field, each with a unique approach to research and development (R&D) investment. Over the past decade, STMicroelectronics has consistently outpaced Microchip Technology in R&D spending, investing nearly 70% more on average. In 2023, STMicroelectronics reached a peak, allocating 2.1 billion dollars to R&D, a 90% increase from 2014. Meanwhile, Microchip Technology has shown a steady growth, with its R&D expenses rising by approximately 266% over the same period. This trend highlights STMicroelectronics' aggressive strategy in innovation, while Microchip Technology's gradual increase suggests a more conservative approach. As we look to the future, these investment patterns will likely shape the competitive landscape of the semiconductor industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025