Given a text, write a compressed version of it in a single sentence.
Example: Except for this small vocal minority, we have just not gotten a lot of groundswell against this from members, " says APA president Philip G. Zimbardo of Stanford University.
Example solution: "Except for this small vocal minority, we have not gotten a lot of groundswell against this," says APA president Zimbardo.
Example explanation: Both texts convey the same meaning that they have not gotten much groundswell against this except for small minority.

Problem: It is spending more than $500 million a year on semiconductor research and development.

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
Solution: Spending $500+ mil a yr on semiconductor research/development.