R&D Spending Showdown: Taiwan Semiconductor Manufacturing Company Limited vs Intuit Inc.

R&D Investment Trends: TSMC vs. Intuit

__timestampIntuit Inc.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 201475800000056828800000
Thursday, January 1, 201579800000065544600000
Friday, January 1, 201688100000071207700000
Sunday, January 1, 201799800000080732500000
Monday, January 1, 2018118600000085895600000
Tuesday, January 1, 2019123300000091418700000
Wednesday, January 1, 20201392000000109486000000
Friday, January 1, 20211678000000124734800000
Saturday, January 1, 20222347000000163262200000
Sunday, January 1, 20232539000000182370000000
Monday, January 1, 20242754000000204182000000
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Data in motion

R&D Spending: A Tale of Two Giants

In the ever-evolving landscape of technology, research and development (R&D) spending is a critical indicator of innovation and future growth. Over the past decade, Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Intuit Inc. have demonstrated contrasting yet fascinating R&D investment strategies.

TSMC: A Semiconductor Powerhouse

Since 2014, TSMC has consistently ramped up its R&D spending, with a staggering 260% increase by 2024. This commitment underscores TSMC's pivotal role in the semiconductor industry, where cutting-edge technology is paramount. By 2023, TSMC's R&D expenses reached nearly 182 billion, highlighting its dedication to maintaining technological leadership.

Intuit: Innovating Financial Solutions

Intuit, a leader in financial software, has also shown a robust R&D growth trajectory, with a 260% increase from 2014 to 2024. By 2023, Intuit's R&D spending approached 2.5 billion, reflecting its focus on enhancing user experience and expanding its product offerings.

Both companies exemplify how strategic R&D investments can drive innovation and secure a competitive edge in their respective fields.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025