Research and Development Expenses Breakdown: Micron Technology, Inc. vs Seagate Technology Holdings plc

A Decade of Innovation: R&D Spending in the Tech Industry

In the ever-evolving landscape of technology, research and development (R&D) expenses are a critical indicator of a company's commitment to innovation. Over the past decade, Micron Technology, Inc. and Seagate Technology Holdings plc have demonstrated contrasting approaches to R&D investment.

From 2014 to 2024, Micron Technology has consistently increased its R&D spending, growing by approximately 150%, from $1.37 billion to $3.43 billion. This upward trend underscores Micron's dedication to advancing memory and storage solutions. In contrast, Seagate Technology's R&D expenses have seen a decline of nearly 47% over the same period, dropping from $1.23 billion to $654 million. This reduction may reflect a strategic shift or a focus on optimizing existing technologies.

These trends highlight the dynamic nature of the tech industry, where strategic R&D investments can shape the future of innovation and market leadership.