| __timestamp | Fortinet, Inc. | Taiwan Semiconductor Manufacturing Company Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 122880000 | 56828800000 |
| Thursday, January 1, 2015 | 158129000 | 65544600000 |
| Friday, January 1, 2016 | 183084000 | 71207700000 |
| Sunday, January 1, 2017 | 210614000 | 80732500000 |
| Monday, January 1, 2018 | 244500000 | 85895600000 |
| Tuesday, January 1, 2019 | 277100000 | 91418700000 |
| Wednesday, January 1, 2020 | 341400000 | 109486000000 |
| Friday, January 1, 2021 | 424200000 | 124734800000 |
| Saturday, January 1, 2022 | 512400000 | 163262200000 |
| Sunday, January 1, 2023 | 613800000 | 182370000000 |
| Monday, January 1, 2024 | 716800000 | 204182000000 |
Cracking the code
In the ever-evolving tech landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Fortinet, Inc. have demonstrated contrasting trajectories in their R&D investments.
From 2014 to 2023, TSMC's R&D expenses surged by over 220%, reflecting its strategic focus on maintaining leadership in semiconductor manufacturing. By 2023, TSMC's R&D spending reached a staggering 182 billion, underscoring its role as a global tech powerhouse.
Fortinet, a leader in cybersecurity, has also ramped up its R&D efforts, with a nearly 400% increase from 2014 to 2023. Despite starting from a smaller base, Fortinet's R&D spending reached 613 million in 2023, highlighting its aggressive push to innovate in a competitive market.
While TSMC's data extends into 2024, Fortinet's R&D figures for that year remain unavailable, leaving room for speculation on its future trajectory.
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