Comparing Innovation Spending: Micron Technology, Inc. and Lam Research Corporation

Micron vs. Lam: A Decade of R&D Investment

__timestampLam Research CorporationMicron Technology, Inc.
Wednesday, January 1, 20147164710001371000000
Thursday, January 1, 20158252420001540000000
Friday, January 1, 20169137120001617000000
Sunday, January 1, 201710337420001824000000
Monday, January 1, 201811895140002141000000
Tuesday, January 1, 201911913200002441000000
Wednesday, January 1, 202012524120002600000000
Friday, January 1, 202114934080002663000000
Saturday, January 1, 202216042480003116000000
Sunday, January 1, 202317271620003114000000
Monday, January 1, 202419024440003430000000
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Cracking the code

Innovation Spending: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the lifeblood of success. Over the past decade, Micron Technology, Inc. and Lam Research Corporation have been at the forefront of this innovation race. From 2014 to 2024, Micron consistently outpaced Lam in research and development (R&D) spending, with an average annual increase of approximately 10%. By 2024, Micron's R&D expenses surged to nearly 3.43 billion, marking a 150% increase from 2014. In contrast, Lam's R&D spending grew by about 165%, reaching 1.9 billion in 2024. This strategic investment underscores the companies' commitment to pioneering advancements in semiconductor technology. As the demand for cutting-edge solutions intensifies, these financial commitments highlight the critical role of R&D in maintaining competitive advantage and driving future growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025