Taiwan Semiconductor Manufacturing Company Limited or The Trade Desk, Inc.: Who Invests More in Innovation?

TSMC vs. The Trade Desk: Innovation Investment Showdown

__timestampTaiwan Semiconductor Manufacturing Company LimitedThe Trade Desk, Inc.
Wednesday, January 1, 2014568288000007250000
Thursday, January 1, 20156554460000012819000
Friday, January 1, 20167120770000027313000
Sunday, January 1, 20178073250000052806000
Monday, January 1, 20188589560000083892000
Tuesday, January 1, 201991418700000116752000
Wednesday, January 1, 2020109486000000166654000
Friday, January 1, 2021124734800000226137000
Saturday, January 1, 2022163262200000319876000
Sunday, January 1, 2023182370000000411794000
Monday, January 1, 2024204182000000463319000
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Igniting the spark of knowledge

Innovation Investment: A Tale of Two Giants

In the ever-evolving tech landscape, innovation is the key to staying ahead. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and The Trade Desk, Inc. are two industry leaders that exemplify this principle. Over the past decade, TSMC has consistently outpaced The Trade Desk in research and development (R&D) spending, with a staggering 1,000-fold difference in 2023. TSMC's R&D expenses have grown by over 220% from 2014 to 2023, reflecting its commitment to maintaining its leadership in semiconductor manufacturing. Meanwhile, The Trade Desk, a pioneer in digital advertising, has increased its R&D investment by over 5,500% during the same period, showcasing its dedication to innovation despite its smaller scale. This comparison highlights the diverse strategies companies employ to foster innovation, with TSMC focusing on scale and The Trade Desk on rapid growth. Missing data for 2024 suggests ongoing developments in this dynamic field.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025