Semiconductor R&D spending by company: Top 5

3. NVIDIA Corporation (NASDAQ:NVDA)

Trailing Twelve Months R&D Expense as of July 31, 2023: $7.81 Billion

NVIDIA Corporation (NASDAQ:NVDA) is a giant in the semiconductor industry. The GPUs by the company are very advanced and form the backbone of the majority of generative AI applications available, including ChatGPT. The company collaborates with universities and research institutions to advance its R&D. For the twelve months ending July 31, NVIDIA Corporation (NASDAQ:NVDA) has spent $7.81 billion on research and development.

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