Sou Hu Cai Jing·2025-09-03 05:35Core Insights - In 2024, Intel remains the largest R&D spender among the top 20 global semiconductor companies, with an investment of $16.55 billion, but its year-on-year growth is only 3.1% [1] - Samsung Electronics shows the highest increase in R&D spending, reaching $9.5 billion, a 71.3% increase from $5.5 billion in 2023, moving from seventh to third place [1] - Nvidia ranks second with $12.5 billion in R&D spending, a 47% increase year-on-year [1] - The total R&D expenditure of the top 20 semiconductor companies is $98.68 billion, reflecting a 17% year-on-year growth [2] Group 1: R&D Spending Overview - The top 20 semiconductor companies account for 96% of the industry's total R&D spending [2] - 15 companies increased their R&D investments, while 5 reduced theirs [2] - The average R&D spending as a percentage of revenue for the top 20 companies is 15.8% [2] Group 2: Company-Specific Insights - Intel is the only company in the U.S. that designs and manufactures chips domestically, focusing on improving the yield of its 18A process technology [1] - Despite its significant R&D investment, Intel reported a loss of $18.8 billion last year [1] - Nvidia is expected to surpass Intel in R&D spending next year, as Intel's new CEO has begun to cut expenses [2] Group 3: Technology and Performance Metrics - Intel's 18A process technology has a logic transistor density of 184.21 MTr/mm², the lowest among its peers [4] - TSMC's 2nm technology has a higher density of 313 MTr/mm², while Samsung's 2nm is at 231 MTr/mm² [4] - SK Hynix's R&D spending is $3.33 billion, with a year-on-year growth of 32.7%, but its R&D spending as a percentage of revenue has decreased due to nearly doubling its revenue [2]