Nvidia succeeds Intel in Dow Jones

Nvidia is replacing Intel in the Dow Jones index, marking a significant shift as Intel had been part of the index for 25 years. This reflects Nvidia’s booming success, particularly with their microchips for AI, and Intel’s challenges, evidenced by a 54 percent decrease in its stock this year. Moreover, Nvidia’s stock surged by over 180 percent, consolidating its position as the second most valuable company globally, after Apple. Changes in the Dow Jones index also include the addition of Sherwin-Williams and the exclusion of Dow chemical company. Analyst Susannah Streeter comments that leaving the Dow Jones will impact Intel’s reputation while it struggles with innovation and trust issues.