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Nvidia nearly doubles AMD's R&D budget – Intel's spending dwarfs both, but struggles to compete

As the world's largest company, Apple also leads in R&D spending
The big picture: The competitive strength of hardware makers is often gauged by their research and development expenditure. However, an analysis of recent financial reports from various tech giants reveals that higher R&D spending does not always guarantee success. Intel's recent struggles and Nvidia's astronomical growth driven by the AI boom have broken conventional assumptions.
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Nvidia kills GeForce Experience, Nvidia App 1.0 goes live

No login required, faster, new features
What just happened? GeForce Experience is dead – long live the Nvidia App! Starting today, Nvidia is rolling out version 1.0 of the Nvidia App, officially bringing it out of beta. Nvidia says version 1.0 is now fully ready to replace GeForce Experience, with all of its features migrated into the new app. This marks the first step toward creating a single, unified application that will eventually replace both GeForce Experience and the Nvidia Control Panel.
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New Intel Arc Battlemage gaming GPUs could arrive as soon as next month

Rumor mill: Reports have long suggested that Intel plans to launch its second generation of desktop graphics cards in late 2024, and there's no indication that Chipzilla has encountered significant delays. While details on specifications, performance, and pricing remain scarce, the new GPUs could arrive weeks ahead of competitor releases from AMD and Nvidia. Moreover, could this be Intel's last hurrah before they abandon desktop GPUs again?
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Nvidia becomes the world's most valuable company, surpassing Apple and Microsoft

If an AI bubble burst is coming, it isn't here yet
The big picture: Nvidia briefly overtook Apple as the world's most valuable company late last month, but this week it solidified that position for the second time in a more definitive way. The GPU maker's meteoric rise and the dethronement of Intel on the Dow Jones index signifies a major shift toward AI in the tech sector. However, uncertainty still surrounds the new technology.