Who Prioritizes Innovation? R&D Spending Compared for Lam Research Corporation and HP Inc.

R&D Spending: Lam Research vs. HP Inc. Over a Decade

__timestamp	HP Inc.	Lam Research Corporation
Wednesday, January 1, 2014	3447000000	716471000
Thursday, January 1, 2015	1191000000	825242000
Friday, January 1, 2016	1209000000	913712000
Sunday, January 1, 2017	1190000000	1033742000
Monday, January 1, 2018	1404000000	1189514000
Tuesday, January 1, 2019	1499000000	1191320000
Wednesday, January 1, 2020	1478000000	1252412000
Friday, January 1, 2021	1907000000	1493408000
Saturday, January 1, 2022	1593000000	1604248000
Sunday, January 1, 2023	1578000000	1727162000
Monday, January 1, 2024	1640000000	1902444000

Unlocking the unknown

Innovation in Focus: A Comparative Analysis of R&D Spending

In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, Lam Research Corporation and HP Inc. have demonstrated contrasting approaches to research and development (R&D) investments. From 2014 to 2024, HP Inc.'s R&D spending has seen a significant decline, dropping from a peak of $3.4 billion in 2014 to approximately $1.6 billion in 2024. This represents a reduction of over 50% in their R&D budget.

Conversely, Lam Research Corporation has steadily increased its R&D investments, growing from $716 million in 2014 to nearly $1.9 billion in 2024, marking a remarkable 165% increase. This strategic focus on innovation has positioned Lam Research as a forward-thinking leader in the semiconductor industry. As the tech world continues to advance, the commitment to R&D will likely play a pivotal role in shaping the future of these companies.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025