Analyzing R&D Budgets: Marvell Technology, Inc. vs STMicroelectronics N.V.

Semiconductor Giants' R&D Race: A Decade of Innovation

__timestampMarvell Technology, Inc.STMicroelectronics N.V.
Wednesday, January 1, 201411568850001155000000
Thursday, January 1, 201511640590001111000000
Friday, January 1, 201611014460001125000000
Sunday, January 1, 20178800500001054000000
Monday, January 1, 20187144440001127000000
Tuesday, January 1, 20199140090001498000000
Wednesday, January 1, 202010803910001272000000
Friday, January 1, 202110727400001388000000
Saturday, January 1, 202214243060001485000000
Sunday, January 1, 202317843000002100000000
Monday, January 1, 20241896200000
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Data in motion

A Decade of Innovation: R&D Spending in the Semiconductor Industry

In the ever-evolving world of semiconductors, research and development (R&D) is the lifeblood of innovation. Over the past decade, Marvell Technology, Inc. and STMicroelectronics N.V. have been at the forefront, investing heavily in R&D to maintain their competitive edge. From 2014 to 2023, Marvell's R&D expenses surged by approximately 64%, peaking in 2023 with a notable increase of 25% from the previous year. Meanwhile, STMicroelectronics consistently outpaced Marvell in R&D spending, culminating in a 90% increase over the same period, with a remarkable 41% jump in 2023 alone. This trend underscores the relentless pursuit of technological advancement in the semiconductor sector. However, data for 2024 is incomplete, highlighting the dynamic nature of this industry. As these giants continue to innovate, their R&D investments will likely shape the future of technology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025