The R&D World Index plummeted last week, dragged down by significant losses across most of its constituents, despite a surge in AI chip demand and major R&D investments signaling continued industry shifts. The R&D World Index (RDWI) for the week ending November 15, 2024, closed at 3,708.90 for the 25 companies in the RDWI. The…
An interactive 3D map of global innovation hubs
Silicon Valley is still where it’s at in terms of R&D. Yes, the region has cut roughly 45,000 tech jobs since 2022, but its dominance in research and development remains unchallenged, based on data from The 2023 EU Industrial R&D Investment Scoreboard. And despite the layoffs, many tech companies have reported significant revenue growth. NVIDIA…