Nvidia Joins Dow Jones, Replacing Intel Amid AI Boom

Nvidia is set to replace Intel in the Dow Jones Industrial Average on November 8, reflecting the semiconductor industry’s shift driven by AI advancements. With Nvidia’s stock surging over 170% in 2024 and Intel facing a 50% decline, this change highlights the evolving tech landscape. Nvidia’s dominance in AI GPUs, particularly among major tech firms, positions it as a key player in the market, while Intel struggles with challenges and workforce reductions.