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Intel Outspends Rivals In R&D: 28% More Than Nvidia, 156% More Than AMD
Intel shelled out $16.5 billion on R&D in 2024, outspending Nvidia by 28% and AMD by 156%, with much of the cash going into chip design, fabrication tech, and the upcoming Nova Lake architecture. "When you compare the R&D expenditures to the amount of revenue, though, the story takes on a ve...
Intel shelled out $16.5 billion on R&D in 2024, outspending Nvidia by 28% and AMD by 156%, with much of the cash going into chip design, fabrication tech, and the upcoming Nova Lake architecture. It's worth noting that Nvidia's financial statements are numbered one year ahead of the actual period (FY 2026 is 2025 and so on). Anyway, those figures pale in comparison to how much cash Intel burned through in 2024 to research and develop chip, fabrication technologies, software, and all kinds of tech stuffâ"a staggering $16.546 billion ( pdf, page 25).
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