Intel spent so much cash on research and development last year that it outspent Nvidia by 28% and AM
By Dr. Eleanor Vance | Published on December 09, 2025
It should come as no surprise that the biggest chip companies in the world spend billions of dollars every year on research and development. To stay ahead of the competition and improve revenues, new architectures, systems, and software stacks need to be designed, built, and tested. What might raise a few eyebrows is just how much money Intel spent last year on R&D, especially compared to AMD, Nvidia, and the rest of the semiconductor world.
An analysis of research [[link]] and development expenditure by TechInsights was reported by , but you can get the numbers yourself by pulling up each company's 2024 financial results. For example, AMD declared that it spent $6.456 billion last year (, page 1) on R&D, whereas . 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 [[link]] 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 (, page 25). That's 28% more than Nvidia and a frankly unbelievable 156% more than AMD.
It's interesting to see that AMD is committed to spending a healthy chunk of its income on R&D. Unlike Intel, it doesn't really have [[link]] to worry about chip manufacturing and process nodes, though it will spend some cash in this area. That means the vast majority of the $6.456 billion it spent in 2024 was for making better CPUs, GPUs, and other accelerators, as well as the software to support them all.
Intel's product portfolio is perhaps the largest of the US semiconductor gang, though to cut losses, it's been and left, right, and centre. Whether that means its 2025 R&D costs are significantly lower is anyone's guess right now, but I suspect that the current CEO, Lip-Bu Tan, will probably want to trim it down a fair bit.
That means by the end of 2025, there's a very good chance that Nvidia will be top of the R&D spending table, partly because it will be concerned about losing ground in the AI market to cheaper competition, and partly because it has vast amounts of cold, hard cash to do so. Intel and AMD would probably like to spend more, but can't because they're either losing money as things currently stand or because their revenue stream just won't support it.
What none of them will want to do, though, is spend less on R&D for their core products: CPUs in the case of AMD and Intel (plus Samsung, to a lesser extent) and GPUs for Nvidia. These products form the backbone of their income, and with Team Red and Green laughing all the way to the bank because of how well their and GeForce/AI products are doing, they'll certainly keep splashing the research moolah.
As for Intel, while Arrow Lake hasn't been an absolute disaster, it was certainly a '' and I'm sure Team Blue's bean counters will be hoping that all the cash it's spent on developing Nova Lake transpires to have been worth every cent.

👉👈
1. Best CPU:
2. Best motherboard:
3. Best RAM:
4. Best SSD:
5. Best graphics card:
Reader Comments
The deposit process is smooth and fast. I was able to fund my account instantly and start playing without any hassle. Plus, the multiple payment options make it convenient for everyone regardless of location.
The bonuses are nice and offer great value, although they could be a bit more frequent. I love being part of the VIP program, which gives me extra rewards and makes me feel appreciated as a loyal player.
Customer support responded incredibly fast when I had an issue with my account. They were polite, professional, and solved my problem within minutes. It's reassuring to know that help is always available when needed.