SG&A Efficiency Analysis: Comparing Taiwan Semiconductor Manufacturing Company Limited and Intel Corporation

TSMC vs. Intel: A Decade of SG&A Strategies

__timestampIntel CorporationTaiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 2014813600000024020800000
Thursday, January 1, 2015793000000022921900000
Friday, January 1, 2016839700000025696400000
Sunday, January 1, 2017747400000027169200000
Monday, January 1, 2018675000000026253700000
Tuesday, January 1, 2019615000000028085800000
Wednesday, January 1, 2020618000000035570400000
Friday, January 1, 2021654300000044488200000
Saturday, January 1, 2022700200000063445300000
Sunday, January 1, 2023563400000071464000000
Monday, January 1, 2024550700000096889000000
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In pursuit of knowledge

SG&A Efficiency: A Tale of Two Giants

In the ever-evolving semiconductor industry, understanding operational efficiency is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two industry titans: Taiwan Semiconductor Manufacturing Company Limited (TSMC) and Intel Corporation, from 2014 to 2023.

TSMC has demonstrated a remarkable upward trend, with SG&A expenses growing by approximately 198% over the decade, peaking at an impressive $71 billion in 2023. This growth reflects TSMC's strategic investments in expanding its global footprint and technological advancements.

Conversely, Intel's SG&A expenses have shown a more conservative trajectory, decreasing by about 31% from 2014 to 2023. This reduction highlights Intel's focus on cost optimization and efficiency improvements.

The data reveals a stark contrast in strategies: TSMC's aggressive expansion versus Intel's streamlined operations. As the semiconductor landscape continues to shift, these insights offer a glimpse into the strategic priorities of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025