| __timestamp | Micron Technology, Inc. | ON Semiconductor Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 1371000000 | 366600000 |
| Thursday, January 1, 2015 | 1540000000 | 396700000 |
| Friday, January 1, 2016 | 1617000000 | 452300000 |
| Sunday, January 1, 2017 | 1824000000 | 594400000 |
| Monday, January 1, 2018 | 2141000000 | 650700000 |
| Tuesday, January 1, 2019 | 2441000000 | 640900000 |
| Wednesday, January 1, 2020 | 2600000000 | 642900000 |
| Friday, January 1, 2021 | 2663000000 | 655000000 |
| Saturday, January 1, 2022 | 3116000000 | 600200000 |
| Sunday, January 1, 2023 | 3114000000 | 577300000 |
| Monday, January 1, 2024 | 3430000000 | 612700000 |
Unlocking the unknown
In the ever-evolving world of semiconductors, research and development (R&D) is the lifeblood of innovation. Over the past decade, Micron Technology, Inc. and ON Semiconductor Corporation have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, Micron's R&D expenses surged by approximately 150%, reflecting its commitment to staying at the forefront of memory and storage solutions. In contrast, ON Semiconductor's R&D spending grew by about 57% during the same period, highlighting a more conservative approach.
Micron's R&D budget peaked in 2024, with a notable increase of 10% from the previous year, while ON Semiconductor's data for 2024 remains unavailable. This disparity underscores the dynamic nature of the semiconductor industry, where companies must balance innovation with financial prudence. As the industry continues to advance, these R&D trends will play a crucial role in shaping the future of technology.
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