Research and Development Expenses Breakdown: Micron Technology, Inc. vs Pure Storage, Inc.

Tech Giants' R&D: Micron vs. Pure Storage Over a Decade

__timestampMicron Technology, Inc.Pure Storage, Inc.
Wednesday, January 1, 2014137100000036081000
Thursday, January 1, 2015154000000092707000
Friday, January 1, 20161617000000166645000
Sunday, January 1, 20171824000000245817000
Monday, January 1, 20182141000000279196000
Tuesday, January 1, 20192441000000349936000
Wednesday, January 1, 20202600000000433662000
Friday, January 1, 20212663000000480467000
Saturday, January 1, 20223116000000581935000
Sunday, January 1, 20233114000000692528000
Monday, January 1, 20243430000000736764000
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Igniting the spark of knowledge

A Decade of Innovation: R&D Spending in Tech Giants

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, Micron Technology, Inc. and Pure Storage, Inc. have demonstrated contrasting trajectories in their R&D investments.

Micron Technology, a leader in memory and storage solutions, has consistently increased its R&D expenses, growing by approximately 150% from 2014 to 2024. This surge underscores Micron's dedication to maintaining its competitive edge in a rapidly advancing industry. In contrast, Pure Storage, a pioneer in all-flash data storage, has seen its R&D spending grow by over 1,900% during the same period, reflecting its aggressive push to capture market share and drive technological breakthroughs.

These trends highlight the strategic priorities of each company, with Micron focusing on steady innovation and Pure Storage on rapid expansion and technological leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025