Nvidia to join Dow Jones Industrial Average, replacing Intel
- Nvidia will replace Intel in the Dow Jones Industrial Average after Intel's 25-year presence, according to S&P Dow Jones Indices.
- Intel’s shares have plummeted 54% this year, making it the worst performer on the index.
- Nvidia's chips are essential for generative AI technologies, contributing to a seven-fold surge in its shares over the past two years.
126 Articles
126 Articles
Nvidia is about to replace Intel in the Dow
Nvidia (NVDA) shares rose 1% in Monday morning trading as the AI chipmaker is set to join the Dow Jones Industrial Average, which comprises the 30 leading U.S. stocks. This inclusion marks a significant milestone for Nvidia and reflects its growing influence in the tech and AI sectors. Read more...
Ticker: Nvidia replaces Intel on the Dow index; Former Steward doctor’s group renamed
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems. Paint-maker Sherwin-Williams will also replace chemical company Dow Inc. among the companies that make up the 30-stock average. S&P Dow Jones Indices said that the changes that take effect Nov. 7 “were initiated to ensure…
Nvidia replaces Intel in Dow Jones index, marking shift in tech landscape
Nvidia will replace Intel in the Dow Jones Industrial Average. This change, scheduled to take effect on November 8, 2024, highlights the growing importance of artificial intelligence in the US economy and the evolving dynamics of the tech sector.Read Entire Article
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