Broadcom Inc. and STMicroelectronics N.V.: SG&A Spending Patterns Compared

A Tale of Two Tech Giants: Broadcom Inc. vs. STMicroelectronics N.V.

In the ever-evolving landscape of technology, understanding the financial strategies of industry leaders is crucial. Broadcom Inc. and STMicroelectronics N.V., two titans in the semiconductor industry, have shown distinct patterns in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Broadcom's SG&A expenses surged by over 1,100%, peaking in 2024 with a notable increase. In contrast, STMicroelectronics displayed a steadier growth, with a 75% rise in SG&A expenses from 2014 to 2023. This divergence highlights Broadcom's aggressive expansion strategy, while STMicroelectronics maintains a more conservative approach. The data for 2024 is incomplete for STMicroelectronics, indicating potential shifts in their financial strategy. As these companies continue to innovate, their spending patterns offer a glimpse into their future trajectories in the competitive tech arena.