R&D Insights: How Broadcom Inc. and ON Semiconductor Corporation Allocate Funds

R&D Spending: A Tale of Two Innovators

In the ever-evolving tech landscape, research and development (R&D) is the lifeblood of innovation. Broadcom Inc. and ON Semiconductor Corporation, two giants in the semiconductor industry, have shown distinct strategies in their R&D investments over the past decade. Since 2014, Broadcom has consistently increased its R&D spending, peaking in 2024 with a staggering 131% increase from its 2014 levels. This commitment underscores Broadcom's aggressive pursuit of technological advancement.

In contrast, ON Semiconductor's R&D expenses have grown more modestly, with a 78% increase from 2014 to 2023. This steady growth reflects a more conservative approach, focusing on sustainable innovation. Notably, data for ON Semiconductor in 2024 is missing, leaving room for speculation on future strategies. As these companies navigate the competitive tech arena, their R&D investments will continue to shape their trajectories and influence the broader industry.