Microprocessor giant Intel (NASDAQ: INTC) spends a lot of money. It pours tens of billions of dollars each year into research and development and sales and marketing, as well as into capital expenditures to support its cutting-edge chip manufacturing plants.
Year to date, Intel’s operating expenses, excluding restructuring and amortization of acquisition-related intangible charges, were up to $15.699 billion, from $14.821 billion in the year prior.