Applied Materials, Inc. and Micron Technology, Inc.: SG&A Spending Patterns Compared

SG&A Spending Patterns: A Tale of Two Tech Giants

In the ever-evolving landscape of the semiconductor industry, understanding the financial strategies of key players is crucial. Applied Materials, Inc. and Micron Technology, Inc. have demonstrated distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2024, Applied Materials has seen a steady increase in SG&A spending, growing by approximately 102% from 2014 to 2024. In contrast, Micron Technology's SG&A expenses have increased by about 60% over the same period. Notably, in 2023, Applied Materials' SG&A expenses were nearly 77% higher than Micron's, highlighting their aggressive investment in administrative capabilities. This divergence in spending patterns reflects differing strategic priorities, with Applied Materials potentially focusing more on scaling operations and market expansion. As the semiconductor industry continues to grow, these financial strategies will play a pivotal role in shaping the competitive landscape.