NVIDIA Corporation vs Advanced Micro Devices, Inc.: SG&A Expense Trends

SG&A Expense Trends: NVIDIA vs. AMD

In the ever-evolving world of semiconductors, NVIDIA Corporation and Advanced Micro Devices, Inc. (AMD) have been at the forefront of innovation and competition. Over the past decade, these tech giants have shown significant shifts in their Selling, General, and Administrative (SG&A) expenses, reflecting their strategic priorities and market dynamics.

From 2014 to 2023, NVIDIA's SG&A expenses surged by approximately 460%, peaking in 2023. This growth underscores NVIDIA's aggressive expansion and investment in marketing and administrative capabilities. In contrast, AMD's SG&A expenses grew by about 290% during the same period, highlighting its strategic focus on operational efficiency and market penetration.

Interestingly, 2023 marked a pivotal year where NVIDIA's SG&A expenses surpassed AMD's, indicating a shift in competitive dynamics. However, data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial strategies will undoubtedly play a crucial role in shaping the semiconductor landscape.