Quote Originally Posted by saaya View Post
http://www.semiaccurate.com/2010/02/...ding-examined/

nvidia really cut their rnd budget? didnt they just brag about how much they spent on rnd over the past years and that they are investing more and more?
They didn't. silent_guy@B3D called Charlie on his mistake hence the 2/15 update to the article.

Updated February 15th, 2010:

Some users on our forums have pointed out that Nvidia took a one time charge of 90 million in Q1, which reduces the drop in R&D 10% from 50% as stated above. True. The problem is that if a company has a good product in the pipeline and needs to rush it to market, they would likely increase expenditures to pull in the timeline. This costs money, the R&D should therefore rise, not stay flat or fall a little.
That bolded bit was of course pulled out of his nether regions since dumping money into R&D won't magically make TSMC's process any better but it's all he can grasp at when he was called on his poor "journalism". It's amazing that this guy actually thinks he knows what engineers and CEOs should do in any given situation yet he makes his living as a lowly rumour-monger who obviously doesn't know how to read financial statements properly.