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Fortune ranks ASML, Siemens, Nokia among Europe's most innovative companies

Fortune's second annual ranking of Europe's Most Innovative Companies highlights 300 businesses across 18 countries that are driving innovation despite lower R&D spending compared to the U.S. and China. The list, produced with Statista, evaluates companies on product, process, and culture, showcasing deep industrial expertise and a capacity for reinvention. Notably, ASML leads the ranking with its advanced lithography equipment crucial for AI chip development, reflecting Europe's strategic focus on its semiconductor ecosystem. AI

IMPACT Highlights Europe's strategic focus on its semiconductor ecosystem, particularly ASML's role in AI chip development, influencing global AI infrastructure.

RANK_REASON This is a ranking of innovative companies, highlighting industry leaders and their strategies, which is a significant industry development. [lever_c_demoted from significant: ic=1 ai=0.7]

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Fortune ranks ASML, Siemens, Nokia among Europe's most innovative companies

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Sam Birchall ·

    Inside Europe’s most innovative companies

    From semiconductors powering the AI boom to 360-year-old manufacturers adapting to the green economy, here are the organizations driving the European economy forward.