What Makes Intel the Largest R&D Spender in the Semiconductor Industry?
As we witness the fourth technology shift toward AI (artificial intelligence) and IoT (Internet of things), the overall semiconductor industry has increased its R&D (research and development) spending. According to a report by IC Insights, the top ten R&D spenders increased their spending 6% YoY (year-over-year) in 2017, but no one could beat Intel (INTC). Intel spent $13.1 billion in R&D in 2017, which was 3% higher YoY (year-over-year).