Operational Costs Compared: SG&A Analysis of QUALCOMM Incorporated and Advanced Micro Devices, Inc.

A Decade of SG&A: QUALCOMM vs. AMD

In the ever-evolving tech industry, operational efficiency is key. Over the past decade, QUALCOMM Incorporated and Advanced Micro Devices, Inc. (AMD) have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, QUALCOMM consistently maintained higher SG&A costs, peaking at approximately $2.99 billion in 2018. In contrast, AMD's expenses surged by nearly 400%, from around $466 million in 2016 to $2.35 billion in 2023. This dramatic rise reflects AMD's aggressive market expansion and strategic investments. Notably, QUALCOMM's expenses remained relatively stable, with a slight dip in 2020, possibly due to global economic shifts. As we look to 2024, QUALCOMM's projected expenses suggest continued growth, while AMD's data remains elusive. This analysis underscores the dynamic nature of tech giants' operational strategies and their impact on financial health.