Broadcom Inc. and Texas Instruments Incorporated: SG&A Spending Patterns Compared

SG&A Spending Patterns: Broadcom Inc. vs. Texas Instruments

In the ever-evolving landscape of the semiconductor industry, understanding the financial strategies of key players is crucial. Broadcom Inc. and Texas Instruments Incorporated, two giants in this field, 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 remarkable increase to nearly $5 billion. In contrast, Texas Instruments maintained a more stable trajectory, with expenses fluctuating modestly around the $1.7 billion mark, reflecting a steady approach to operational spending.

This divergence highlights Broadcom's aggressive expansion strategy, possibly investing heavily in marketing and administrative capabilities to capture market share. Meanwhile, Texas Instruments' consistent spending suggests a focus on efficiency and sustained growth. These insights offer a glimpse into the strategic priorities of these industry leaders, providing valuable lessons for investors and competitors alike.