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Source:

Los Angeles Times by total assets

Tools: Visme

What is the name of this graph/chart type/visualization?

I guess; every company does this. My point was that it isn't only them doing horrible things.

yep. if china wakes up cranky and "special military operations" Taiwan, let's just say that your next Iphone is gonna be delayed

>Zero $ in taxes

They paid around $2 billion

Nvidia’s situation has nothing to do with Ireland though

Go look at their 10-K, they paid around $2 billion, or a 50% tax rate. The reason their income tax expense is negative is due to R&D getting capitalized this year, so they get a large deferred foreign benefit, but that doesn’t reduce the actual tax they owe

And then be dead in a few years because your product and services lineup is stagnant and your competitors are running rings around you.

It takes money to make money, and especially for high technology companies like nVidia

The tax they paid in 2022 was about 50% of their pre-tax profit

That’s not true at all. The reason their rate is low is due to R&D getting capitalized this year, which increases the amount of FDII they pay.

If you look at the actual tax they paid this year, it’s around $2 billion, or a 50% tax rate

That’s their income tax expense, which isn’t the same thing as the tax they pay. Judging from their 10-K, they did pay tax at around a 50% tax rate for 2022

so drug companies also get these huge tax breaks? wtf are we overpaying them for then?

Because semiconductors are a national security matter.

They likely have good tax managers, tax specialists, tax advisors and tax consultants. Keep in mind that hey will still be paying other taxes like payroll taxes, property taxes and similar.

https://www.investopedia.com/terms/c/cost-of-revenue.asp

TLDR: the cost of producing and delivering a product to customers, excluding indirect costs such as marketing and R&D.

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So they can make all the money

I don't know what the program is called in other countries but in Canada it's called SR&ED. Basically you can claim back up to 70% of the expenses you paid into R&D, including salary.

You're probably right about Ireland and Malta, but Norwegians are not the reason Sweden is on top, they amount to at most 1% of the Swedish population. Sweden genuinely has taken in a ton of refugees and economic migrants from the Middle East/Asia/Africa/Balkans.

It's more like special server that is not only used to store stuff but also to do heavy-work jobs like AI, simulation (especially near real-life one) rendering animation etc.

Prices are definitely not normal, in fact, NVIDIA is trying to maintain those cryptoboom prices. Id wagger that the flat revenue is because people are having none of that.

R&D is for future of the company plus more tax breaks

Wait till you hear about how Ireland uses this to fuck over every other country in the EU.

Zero $ in taxes and getting money for R&D? It must be sick to live outside of the system.