Comparing Innovation Spending: Micron Technology, Inc. and Hewlett Packard Enterprise Company

Tech Giants' R&D Spending: A Decade of Innovation

__timestampHewlett Packard Enterprise CompanyMicron Technology, Inc.
Wednesday, January 1, 201421970000001371000000
Thursday, January 1, 201523380000001540000000
Friday, January 1, 201622980000001617000000
Sunday, January 1, 201714860000001824000000
Monday, January 1, 201816630000002141000000
Tuesday, January 1, 201918420000002441000000
Wednesday, January 1, 202018740000002600000000
Friday, January 1, 202119790000002663000000
Saturday, January 1, 202220450000003116000000
Sunday, January 1, 202323490000003114000000
Monday, January 1, 202422460000003430000000
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Infusing magic into the data realm

Innovation Spending: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Micron Technology, Inc. and Hewlett Packard Enterprise Company have demonstrated contrasting trajectories in their R&D investments.

From 2014 to 2024, Micron Technology has consistently increased its R&D expenses, peaking at approximately $3.43 billion in 2024, marking a 150% increase from 2014. This upward trend underscores Micron's aggressive pursuit of technological advancements in memory and storage solutions. In contrast, Hewlett Packard Enterprise's R&D spending has shown more variability, with a notable dip in 2017 but a recovery to around $2.25 billion by 2024. This reflects a more cautious approach, possibly due to strategic shifts in its business model.

These spending patterns highlight the diverse strategies employed by tech giants to maintain their competitive edge in a rapidly changing industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025