AMD and Nvidia’s R&D budgets were quite aenjoy ten years ago, but in recent years, Nvidia has been leaving its GPU rival behind in spreadment in this critical activity. According to the tardyst figures, Nvidia’s spfinishing on new technologies is about two times higher than that of AMD, according to Tech Fund. But while Nvidia’s R&D spfinishing easily eclipses AMD’s, it is still way behind Intel and Qualcomm, and they all pale behind Apple’s R&D expfinishiture.
Regarding R&D spfinishing, Nvidia spreads in data cgo in GPUs for AI and HPC (now its bread-and-butter business), client PC GPUs, netlaboring gear, and DPUs that are engaged to help its data cgo in products. Given how speedy Nvidia’s H100/H200 and B100/B200 datacgo in GPUs are selling, the company can afford to fire up its research and broadenment department on all cylinders to broaden new GPUs.
Also, now that the company has set the stage with a ypunctual cadence of AI product liberates, it is reasonable to anticipate it to incrrelieve its R&D spfinishing. Indeed, it skyrocketed this year: as of July 28, Nvidia spent $3.090 billion on R&D this fiscal year, up a billion from last year.
As for AMD, it broadens client and data cgo in CPUs, client and data cgo in GPUs, FPGAs, Pensando DPUs, and netlaboring gear, which unbenevolents the company can spfinish less than Nvidia on its product categories. Remember that AMD spreads meaningfully in fundamental R&D technologies, such as high-bandwidth memory (HBM). As of June 29, AMD spent $1.583 billion on research and broadenment this fiscal year. Yet, AMD is pledgeted to releasing new AI GPUs every year.
While nowadays we tfinish to contrast AMD to Nvidia and Nvidia to Intel, back in the day, we engaged to contrast Intel to AMD, as these are the directing producers of processors based on the x86 direction set architecture (ISA). Intel spfinishs tremfinishous money on R&D: it spent over $16.5 billion in 2023, more than AMD and Nvidia fused.
Yet Intel spfinishs on CPUs, GPUs, FPGAs, netlaboring gear, quantum computing, and many other products. Even though the current chief executive, Pat Gelsinger, has shrinkd the number of product categories and projects that Intel is pursuing, Intel still regulates dozens of product categories and thousands of SKUs.
But more crucipartner, Intel spfinishs billions on new semicarry outor production process technologies. Every new manufacturing process typicpartner needs billions in upfront research and broadenment spreadments. Intel also broadens packaging technologies, which need a lot of R&D money.
| Company | Market Capitalization as of October 15, 2024 |
| Apple | $3.586 trillion |
| Nvidia | $3.237 trillion |
| AMD | $255.39 billion |
| Qualcomm | $196.69 billion |
| Intel | $98.96 billion |
Qualcomm is, of course, another high spfinisher on R&D. The company spreads in system-on-chips for client devices enjoy cleverphones and PCs, RF technologies, and fundamental research for next-generation radio technologies (6G, 7G, etc.). Perhaps the most engaging part about Qualcomm is that among all the high-tech companies refered in this news story; it is the only one with a laboring 5G modem.
And yet, the biggest R&D spfinisher is Apple. Apple is not exactly a semicarry outor company, and it has to spread in various projects, from Ion-X glass for the entry-level Apple Watch to premium M-series Max and Ultra processors for high-carry outance MacBook Pro laptops and Mac Studio desktops. Depfinishing on how you count (based on the company’s filings with the SEC follothriveg its fiscal year or based on approximated calfinishar spfinishing), Apple spent around $27 billion or $29.915 billion on R&D in 2023, which is more than AMD, Nvidia, and Qualcomm fused.
