From billion-dollar government boosts for chipmakers to a talent war brewing in the tech sector and a major automaker’s retreat from a controversial region, the R&D world saw a week of strategic shifts and high-stakes investments, pushing the R&D World Index up 2.34% for the week ending November 29, 2024. The index closed at 3,852.16…
This week in R&D: GM and Hyundai to partner on vehicle development, Moderna cuts $1.1B in R&D spending, and Fed interest rate decision
The R&D World Index (RDWI) for the week ending September 13, 2024, closed at 3,924.01 for the 25 companies in the RDWI. The Index was up 2.95% (or 112.59 basis points). Seventeen RDWI members gained value last week from 0.30% (Volkswagen AG) to 14.26% (Oracle). Eight RDWI members lost value the previous week from -0.85%…
This week in R&D: AMD puts R&D centers in Taiwan cities, Northvolt relocates battery operations to its Sweden R&D center
The R&D World Index (RDWI) for the week ending August 23, 2024, closed at 3,947.43 for the 25 companies in the RDWI. The Index was up 1.78% (or 68.94 basis points). Twenty-two RDWI members gained value last week from 0.11% (Meta Platforms) to 7.23% (Ford Motor). Three RDWI members lost value the previous week from…
OpenAI unveils SearchGPT test version; Tesla’s humanoid robot to debut in 2025
OpenAI, San Francisco, announced last week that it is launching a test version of their long-awaited search engine. SearchGPT will cite news sources such as News Corp. (publisher of the Wall Street Journal) and the Atlantic magazine (published by the Emerson Collective/publisher is Laurene Jobs — Steve Jobs’s widow). OpenAI has also struck partnerships with…
Infineon Technologies to build an R&D center in Taiwan; Car makers are halting EV targets as sales wane in this week’s R&D Power Index
The R&D World Index (RDWI) for the week ending June 28, 2024, closed at 3,821.08 for the 25 companies in the RDWI. The Index was up 0.94% (or 35.45 basis points). Thirteen RDWI members gained value last week from 0.28% (IBM) to 5.91% (Ford Motor Co.). Twelve RDWI members lost value the previous week from…