Breaking Down SG&A Expenses: Advanced Micro Devices, Inc. vs Microchip Technology Incorporated

A Comparative Analysis of SG&A Expenses: AMD vs. Microchip Technology

In the ever-evolving semiconductor industry, understanding the financial dynamics of key players is crucial. Over the past decade, Advanced Micro Devices, Inc. (AMD) and Microchip Technology Incorporated have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, AMD's SG&A expenses surged by nearly 300%, peaking in 2023, reflecting its aggressive market expansion and innovation strategies. In contrast, Microchip Technology's expenses grew at a steadier pace, increasing by approximately 200% over the same period, indicating a more conservative growth approach.

The data reveals that AMD's expenses consistently outpaced those of Microchip Technology, particularly from 2020 onwards, highlighting its commitment to capturing market share. However, the absence of data for AMD in 2024 suggests a potential shift or anomaly in reporting. This financial narrative underscores the strategic differences between these two semiconductor giants, offering valuable insights for investors and industry analysts.