Intel spent so much cash on research and development last year that it outspent Nvidia by 28% and AMD by a whopping 156% | AI News Digest
Intel has significantly outspent its competitors in research and development, investing $16.546 billion in 2024, which is 28% more than Nvidia and 156% more than AMD. This substantial investment underscores Intel's commitment to advancing its chip technologies and software solutions. In contrast, AMD and Nvidia spent $6.456 billion and $12.914 billion, respectively. Despite the high expenditure, Intel's R&D spending represents 31% of its net revenue, compared to 26% for AMD, while Nvidia and Samsung spent only 10% and 4%. The competitive landscape suggests that while Intel is investing heavily, it may need to reassess its R&D strategy moving forward. As the market evolves, Nvidia is expected to increase its R&D spending to maintain its lead in AI technologies.
