Semiconductor R&D spending by company: Top 5

In this article, we will talk about the top 5 semiconductor R&D spending by company. You can read our detailed analysis by heading straight to Semiconductor R&D Spending By Company: Top 12.

5. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)

Trailing Twelve Months R&D Expense as of September 30, 2023: $5.53 Billion

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the companies with top semiconductor R&D spending. In July, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) also inaugurated the Global R&D Center. The center is to enhance the R&D capabilities of the companies by developing new semiconductor technologies. As of September 30, it has a trailing twelve-month R&D expenditure of $5.53 billion.

4. Advanced Micro Devices Incorporated (NASDAQ:AMD)

Trailing Twelve Months R&D Expense as of September 30, 2023: $5.73 Billion

Advanced Micro Devices Incorporated (NASDAQ:AMD) is one of the largest companies in the semiconductor industry. Advanced Micro Devices Incorporated (NASDAQ:AMD) is focused on overcoming the “Memory Wall” and enhancing the performance capabilities of its memory systems. It has spent $5.73 billion on research and development over the past twelve months, as of September 30. 

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.

2. QUALCOMM Incorporated (NASDAQ:QCOM)

Trailing Twelve Months R&D Expense as of June 30, 2023: $8.86 Billion

QUALCOMM Incorporated (NASDAQ:QCOM) is a giant in the semiconductor industry. It is especially focused on developing Snapdragon SoCs that can support the latest mobile technologies, including 5G, Wi-Fi 6, and AI. As of June 30, QUALCOMM Incorporated (NASDAQ:QCOM) has a trailing twelve-month R&D expenditure of $8.86 billion

1. Intel Corporation (NASDAQ:INTC)

Trailing Twelve Months R&D Expense as of September 30, 2023: $16.52 Billion

Intel Corporation (NASDAQ:INTC) has the highest R&D spending in the semiconductor industry based on our research. Intel Corporation (NASDAQ:INTC) is one of the largest semiconductor companies. It is also developing AI technologies that can be integrated into various products and help meet rising consumer demands. It has spent $16.52 billion on research and development over the past twelve months, as of September 30.

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