R&D Spending Showdown: Intel Corporation vs ON Semiconductor Corporation

The Evolution of R&D Spending: Intel vs. ON Semiconductor

In the ever-evolving tech landscape, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Intel Corporation has consistently outpaced ON Semiconductor Corporation in R&D investments. From 2014 to 2023, Intel's R&D expenses surged by approximately 39%, peaking in 2022. This reflects Intel's strategic focus on maintaining its leadership in semiconductor technology. In contrast, ON Semiconductor's R&D spending grew by about 58% during the same period, albeit from a smaller base, highlighting its aggressive push to capture market share in niche segments. The data reveals a fascinating trend: while Intel's R&D spending dwarfs ON Semiconductor's by a factor of nearly 20, the latter's growth rate underscores its dynamic approach to innovation. As the semiconductor industry continues to expand, these investments will play a pivotal role in shaping the future of technology.