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Intel spent so much cash on research and development last year that it outspent Nvidia by 28% and AMD by a whopping 156%
Hopefully, Nova Lake will be worth every cent.
An analysis of research and development expenditure by TechInsights was reported by Korea JoongAng Daily, but you can get the numbers yourself by pulling up each company's 2024 financial results. 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 stuff—a staggering $16.546 billion ( pdf, page 25). Intel's product portfolio is perhaps the largest of the US semiconductor gang, though to cut losses, it's been dropping big projects and trimming divisions left, right, and centre.
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