10 Big Tech Companies Are Spending Big in 2018 to Dominate Even More [MSN Money]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: MSN Money
© Ted S. Warren/AP Amazon CEO Jeff Bezos walks on stage for the launch of the new Amazon Fire Phone, Wednesday, June 18, 2014, in Seattle. (AP Photo/Ted S. Warren) It's often said that to make money, you have to spend money. The world's biggest tech companies have clearly gotten that memo. Aggregate spending for 2018 among the 10 largest tech companies is approaching $100 billion each for capital expenditures and R&D, according to new research from Jefferies. Capital expenditure commitments and R&D outlays are seen rising 47% and 24%, respectively, this year. The biggest spenders, which should come as no surprise, are Amazon , Alphabet and Facebook . We view their outsized investments as positive in extending their leadership for years to come, says Jefferies analyst Brent Thill of the spending plans of the big three tech names. © Provided by Thestreet.com Big-tech is spending big time. Data Look Amazon is the biggest spender for both capex ($28 billi
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NVDA
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- 2/21/24 - Beat
NVDA
Sec Filings
- 3/27/24 - Form 4
- 3/26/24 - Form 4
- 3/25/24 - Form 144
- NVDA's page on the SEC website