Not only that, but received $200 million in tax benefits for all that R&D spend. Tax breaks for R&D make sense for smaller orgs, but not at this scale. NVIDIA would continue to innovate at this scale without the tax breaks to maintain their market edge.
EVOOhhYeah t1_jbe6csh wrote
Reply to comment by lo_fi_ho in [OC] NVIDIA's FY22 income statement by giteam
Not only that, but received $200 million in tax benefits for all that R&D spend. Tax breaks for R&D make sense for smaller orgs, but not at this scale. NVIDIA would continue to innovate at this scale without the tax breaks to maintain their market edge.