Comparing Innovation Spending: Taiwan Semiconductor Manufacturing Company Limited and HubSpot, Inc.

R&D Spending: TSMC vs. HubSpot from 2014 to 2023

__timestampHubSpot, Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 20142563800056828800000
Thursday, January 1, 20153245700065544600000
Friday, January 1, 20164599700071207700000
Sunday, January 1, 20177037300080732500000
Monday, January 1, 201811760300085895600000
Tuesday, January 1, 201915823700091418700000
Wednesday, January 1, 2020205589000109486000000
Friday, January 1, 2021301970000124734800000
Saturday, January 1, 2022442022000163262200000
Sunday, January 1, 2023617745000182370000000
Monday, January 1, 2024778714000204182000000
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In pursuit of knowledge

Innovation Spending: A Tale of Two Companies

In the ever-evolving landscape of technology, innovation is the lifeblood that fuels growth and competitiveness. This chart offers a fascinating glimpse into the research and development (R&D) spending trends of two industry giants: Taiwan Semiconductor Manufacturing Company Limited (TSMC) and HubSpot, Inc., from 2014 to 2023.

A Decade of Growth

Over the past decade, TSMC has consistently outpaced HubSpot in R&D investment, with its spending growing by approximately 220% from 2014 to 2023. In contrast, HubSpot's R&D expenses surged by nearly 2300% during the same period, reflecting its aggressive push towards innovation.

The Bigger Picture

While TSMC's R&D spending reached a staggering $182 billion in 2023, HubSpot's investment, though significantly smaller, highlights its commitment to innovation in the competitive tech landscape. The data for 2024 is incomplete, indicating a potential shift in trends. This comparison underscores the diverse strategies companies employ to maintain their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025