NVIDIA Corporation or Texas Instruments Incorporated: Who Manages SG&A Costs Better?

NVIDIA vs. Texas Instruments: 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, NVIDIA Corporation and Texas Instruments Incorporated have showcased contrasting strategies in handling these costs.

From 2014 to 2024, NVIDIA's SG&A expenses surged by over 500%, reflecting its aggressive growth and expansion strategy. In contrast, Texas Instruments maintained a more stable approach, with expenses fluctuating within a narrow range, peaking at 1.8 billion in 2014 and slightly decreasing by 2024.

This divergence highlights NVIDIA's focus on scaling operations, while Texas Instruments emphasizes efficiency and cost control. As the semiconductor industry continues to evolve, these strategies will play a pivotal role in shaping the financial health and competitive positioning of these tech titans.