Intel continues to lead the R&D rankings, spending $15.2 billion on R&D last year.,
The top 10 raised spending 18% last year, and 21 companies invested $1 billion or more on R&D in 2021.
Total R&D spending by semiconductor companies is expected to rise by a CAGR of 5.5% between 2022 and 2026 to $108.6 billion.
When coronavirus hit in 2020, wary semiconductor suppliers kept a lid on R&D spending increases even though the chip industry’s revenue grew by a surprising 11% in the year despite shutdowns of businesses and other emergency measures to slow the deadly pandemic.
