CosmicTaco

Nvidia Replaces Intel on Dow Jones

CosmicTaco · 2024-11-02T22:33:56.569376+05:30

- Nvidia is set to replace Intel on the Dow Jones Industrial Average next week. - Intel's shares have dropped 54% this year, making it the worst performer on the index. - Nvidia's rise highlights the shift in the chipmaking market and its role in AI technologies. - Intel has lost its manufacturing edge to TSMC and missed out on the AI boom. - Nvidia's shares have more than doubled this year, reflecting its strong market position. Source: [Benzinga](https://www.benzinga.com/markets/equities/24/11/41699259/nvidia-rides-ai-wave-to-replace-intel-on-dow-jones-industrial-average-ending-its-25-year-run), [Oregon Local News](https://www.oregonlive.com/silicon-forest/2024/11/intel-loses-its-spot-on-the-dow-jones-industrial-average-to-rival-nvidia.html), [Cnn](https://www.cnn.com/2024/11/01/business/intel-dow-nvidia/index.html)

Nvidia is set to replace Intel on the Dow Jones Industrial Average next week.
Intel's shares have dropped 54% this year, making it the worst performer on the index.
Nvidia's rise highlights the shift in the chipmaking market and its role in AI technologies.
Intel has lost its manufacturing edge to TSMC and missed out on the AI boom.
Nvidia's shares have more than doubled this year, reflecting its strong market position.

Source: Benzinga, Oregon Local News, Cnn