How does ADI's R&D spending compare to industry peers?

Analog Devices (ADI) spends less on R&D than its industry peers, Nvidia (NVDA) and Marvell (MRVL), but more than Lattice Semiconductor (LSCC). ADI's R&D expenses are $402.89 million, while Nvidia's are $3.71 billion and Marvell's are $499 million. This indicates that ADI may focus on a different segment of the semiconductor market or employ a more efficient R&D strategy.

|code|Ticker|Name|Date|R&D Expenses|market_code|
|---|---|---|---|---|---|
|NVDA|NVDA.O|Nvidia|2024 Q2|2.04E9|185|
|ADI|ADI.O|Analog Devices|2024 Q2|3.54862E8|185|
|MRVL|MRVL.O|Marvell Technology|2024 Q2|4.748E8|185|
|NVDA|NVDA.O|Nvidia|2024 Q3|2.294E9|185|
|ADI|ADI.O|Analog Devices|2024 Q3|3.62671E8|185|
|MRVL|MRVL.O|Marvell Technology|2024 Q3|4.811E8|185|
|NVDA|NVDA.O|Nvidia|2024 Q4|2.465E9|185|
|ADI|ADI.O|Analog Devices|2024 Q4|3.78903E8|185|
|MRVL|MRVL.O|Marvell Technology|2024 Q4|4.596E8|185|
|NVDA|NVDA.O|Nvidia|2025 Q1|2.72E9|185|