Research and Development Investment: Micron Technology, Inc. vs Gen Digital Inc.

R&D Trends: Micron's Growth vs. Gen Digital's Shift

__timestamp	Gen Digital Inc.	Micron Technology, Inc.
Wednesday, January 1, 2014	1038000000	1371000000
Thursday, January 1, 2015	1144000000	1540000000
Friday, January 1, 2016	748000000	1617000000
Sunday, January 1, 2017	823000000	1824000000
Monday, January 1, 2018	957000000	2141000000
Tuesday, January 1, 2019	913000000	2441000000
Wednesday, January 1, 2020	328000000	2600000000
Friday, January 1, 2021	267000000	2663000000
Saturday, January 1, 2022	253000000	3116000000
Sunday, January 1, 2023	313000000	3114000000
Monday, January 1, 2024	332000000	3430000000

Unleashing insights

A Decade of Innovation: Micron Technology vs. Gen Digital

In the ever-evolving tech landscape, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Micron Technology, Inc. and Gen Digital Inc. have demonstrated contrasting R&D strategies. From 2014 to 2024, Micron consistently increased its R&D spending, peaking at $3.43 billion in 2024, a 150% rise from 2014. This commitment underscores Micron's focus on advancing memory and storage solutions. In contrast, Gen Digital's R&D investment saw a decline, dropping by nearly 70% from its 2015 peak to 2021, before stabilizing around $330 million in 2024. This shift may reflect a strategic pivot towards optimizing existing technologies. As the tech industry faces rapid changes, these investment patterns highlight the diverse approaches companies take to maintain competitive edges and drive future innovations.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025