SG&A Expense Trends: NVIDIA vs Intel

In the ever-evolving tech industry, understanding financial trends is crucial. Over the past decade, NVIDIA and Intel have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Intel's SG&A expenses have seen a decline of approximately 31%, starting at $8.1 billion and dropping to $5.6 billion. This reduction reflects Intel's strategic cost management amidst competitive pressures.

Conversely, NVIDIA's SG&A expenses have surged by over 460% during the same period, from $435 million to $2.44 billion. This increase underscores NVIDIA's aggressive expansion and investment in marketing and administrative capabilities to capture market share in the booming AI and gaming sectors.

While Intel's 2024 data remains unavailable, NVIDIA's continued rise to $2.65 billion suggests a sustained growth strategy. These trends highlight the contrasting approaches of two tech giants in navigating the dynamic landscape of the semiconductor industry.