QUALCOMM Incorporated or KLA Corporation: Who Invests More in Innovation?

QUALCOMM vs. KLA: A Decade of Innovation Investment

__timestampKLA CorporationQUALCOMM Incorporated
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Cracking the code

Innovation Race: QUALCOMM vs. KLA Corporation

In the ever-evolving tech landscape, innovation is the key to staying ahead. Over the past decade, QUALCOMM Incorporated and KLA Corporation have been at the forefront of this race, investing heavily in research and development (R&D). From 2014 to 2024, QUALCOMM consistently outpaced KLA in R&D spending, with an average annual investment of approximately $6.5 billion, compared to KLA's $806 million. This represents QUALCOMM investing nearly eight times more in innovation than KLA.

A Decade of Growth

QUALCOMM's R&D expenses surged by 62% from 2014 to 2024, peaking at $8.9 billion in 2024. Meanwhile, KLA's investment grew by 137%, reaching $1.3 billion in 2023. This significant growth underscores both companies' commitment to innovation, albeit at different scales.

The Future of Tech

As we look to the future, these investments will likely shape the next wave of technological advancements, with QUALCOMM leading the charge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025