| __timestamp | Micron Technology, Inc. | Monolithic Power Systems, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 1371000000 | 58590000 |
| Thursday, January 1, 2015 | 1540000000 | 65787000 |
| Friday, January 1, 2016 | 1617000000 | 73643000 |
| Sunday, January 1, 2017 | 1824000000 | 82359000 |
| Monday, January 1, 2018 | 2141000000 | 93455000 |
| Tuesday, January 1, 2019 | 2441000000 | 107757000 |
| Wednesday, January 1, 2020 | 2600000000 | 137598000 |
| Friday, January 1, 2021 | 2663000000 | 190627000 |
| Saturday, January 1, 2022 | 3116000000 | 240171000 |
| Sunday, January 1, 2023 | 3114000000 | 263642999 |
| Monday, January 1, 2024 | 3430000000 |
Unleashing insights
In the ever-evolving world of technology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Micron Technology, Inc. and Monolithic Power Systems, Inc. have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, Micron Technology has consistently increased its R&D spending, with a notable 150% rise, peaking at approximately $3.1 billion in 2023. This robust investment underscores Micron's dedication to staying at the forefront of semiconductor innovation. In contrast, Monolithic Power Systems, while showing a steady increase, has invested significantly less, with its R&D spending reaching around $264 million in 2023.
This disparity highlights the different scales and strategies of these companies, with Micron's larger budget reflecting its broader market ambitions. As we look to the future, these investments will likely shape the competitive landscape of the tech industry.
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