Broadcom Inc. or KLA Corporation: Who Manages SG&A Costs Better?

Broadcom Inc. vs. KLA Corporation: A Decade of SG&A Management

In the competitive landscape of semiconductor giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Broadcom Inc. and KLA Corporation have showcased distinct strategies in handling these costs. From 2014 to 2023, Broadcom's SG&A expenses surged by over 1,100%, peaking at nearly $5 billion in 2024. In contrast, KLA Corporation maintained a more conservative growth, with expenses increasing by approximately 150% over the same period, reaching just under $1 billion in 2024. This stark difference highlights Broadcom's aggressive expansion and investment strategy, while KLA's steady approach reflects a focus on operational efficiency. As the semiconductor industry continues to evolve, these strategies will play a pivotal role in shaping the financial health and competitive edge of these tech titans.