- Apr 16, 2017
- 1,869
2021 has been a great year for AMD, with the company seeing growth in all areas of its business and Q2 giving the company a 99% boost in revenue over this time last year. AMD is now a wealthy company, and that is reflected in the silicon giant's R&D spending.
In Q2 2021, AMD has spent $659 million on Research and Development, representing an almost 43.3% increase in the company's spending. This highlights how AMD is investing in its future, and it's a clear sign that they are using its newfound wealth to push its technology further.
Research and Development is the lifeblood of all technology companies. While AMD was able to produce Zen and RDNA were created on shoestring budgets, the company's leadership knows that it needs to increase its R&D budget if it wants their success to continue. AMD is diversifying, and that diversification will require increased spending.
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