Who Optimizes SG&A Costs Better? Broadcom Inc. or Intel Corporation

Optimizing SG&A: A Tale of Two Giants

In the competitive world of technology, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Broadcom Inc. and Intel Corporation, two titans in the semiconductor industry, have shown contrasting strategies over the past decade. From 2014 to 2023, Broadcom's SG&A expenses have seen a significant increase, peaking at nearly 5 billion in 2024, reflecting a strategic investment in growth and expansion. In contrast, Intel's SG&A expenses have remained relatively stable, with a notable decrease to 5.6 billion in 2023, indicating a focus on cost efficiency.

Broadcom's expenses grew by over 1,100% from 2014 to 2024, while Intel's expenses decreased by approximately 31% in the same period. This divergence highlights Broadcom's aggressive expansion strategy compared to Intel's cost containment approach. As the data for 2024 is incomplete for Intel, the full impact of their strategy remains to be seen.