| __timestamp | Pure Storage, Inc. | Taiwan Semiconductor Manufacturing Company Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 36081000 | 56828800000 |
| Thursday, January 1, 2015 | 92707000 | 65544600000 |
| Friday, January 1, 2016 | 166645000 | 71207700000 |
| Sunday, January 1, 2017 | 245817000 | 80732500000 |
| Monday, January 1, 2018 | 279196000 | 85895600000 |
| Tuesday, January 1, 2019 | 349936000 | 91418700000 |
| Wednesday, January 1, 2020 | 433662000 | 109486000000 |
| Friday, January 1, 2021 | 480467000 | 124734800000 |
| Saturday, January 1, 2022 | 581935000 | 163262200000 |
| Sunday, January 1, 2023 | 692528000 | 182370000000 |
| Monday, January 1, 2024 | 736764000 | 204182000000 |
In pursuit of knowledge
In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Pure Storage, Inc. have demonstrated contrasting yet fascinating approaches to R&D investment.
Since 2014, TSMC has consistently increased its R&D expenses, reflecting its role as a leader in semiconductor manufacturing. By 2023, TSMC's R&D spending surged by over 220% from its 2014 levels, reaching a staggering $182 billion. This growth underscores TSMC's strategic focus on maintaining its technological edge in a competitive market.
In contrast, Pure Storage, a data storage company, has shown a remarkable 1,900% increase in R&D spending from 2014 to 2023. Although its absolute R&D budget is smaller than TSMC's, this rapid growth highlights Pure Storage's aggressive pursuit of innovation to disrupt the storage industry.
These insights reveal how two companies, despite their differences in scale and industry, prioritize R&D to fuel their future growth.
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