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Nvidia will replace Intel on the Dow Jones Industrial Average, ending Intel’s 25-year presence.
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Nvidia’s rise is driven by high demand for its AI chips, while Intel struggles with declining revenues.
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Nvidia’s market valuation surpasses $3.3 trillion, dwarfing Intel’s $100 billion.
Nvidia is set to join the Dow Jones Industrial Average, replacing Intel after its 25-year tenure. This shift reflects the evolving semiconductor landscape, with Nvidia dominating the AI chip market.
Intel’s struggles continue, with a 54% stock plummet this year, making it the worst performer on the index. The company has lost its manufacturing lead and missed opportunities in generative AI. In contrast, Nvidia’s stock has soared 190% in the past year, driven by AI’s growing momentum.
Nvidia’s success in AI computing has made it the world’s second-most valuable company, with a market valuation of $3.32 trillion. Intel’s market value has dropped below $100 billion. Nvidia’s influence, combined with Apple and Microsoft, accounts for nearly 20% of the S&P 500’s value.
This change highlights the tech sector’s shift toward AI-driven innovation, with Nvidia at the forefront. As AI demand continues to grow, Nvidia’s position on the Dow Jones Industrial Average solidifies its status as a leader in the industry.
