12 sources·Business

Nvidia Replaces Intel on Dow Jones Amid Semiconductor Shift

Nvidia takes Intel's place on the Dow, signalling a shift in the semiconductor industry as AI technology advances.

17%

67%

17%

The distribution of story sources: left-leaning (blue), center (light gray), and right-leaning (red).

Mostly Reliable

The underlying sources are generally reliable but sometimes include opinion, propaganda, or minor inaccuracies.

Balanced

The underlying sources are either a balanced mix of left and right or primarily centrist.

Subscribe to unlock this story

We really don't like cutting you off, but you've reached your monthly limit. At just $5/month, subscriptions are how we keep this project going. Start your free 7-day trial today!

Get Started

No highlights available for this story.

Updated: Nov 2nd, 2024, 7:53 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

Nvidia will replace Intel on the Dow Jones Industrial Average on November 7, completing Intel's 25-year cut from the index. Nvidia's stock has soared over 170% this year, while Intel's shares fell by over 50%. This replacement reflects the growing prominence of AI technology, where Nvidia dominates with its chips. Sherwin-Williams will also join the Dow, replacing Dow Inc. The Dow adjustments aim for improved representation of the semiconductor and materials industries. Nvidia's strong performance highlights its critical role in the AI market, contrasting with Intel's ongoing struggles.

Perspectives

Compare opinions on this story from liberal (Left), conservative (Right) or center-leaning news organizations.

No center-leaning sources available for this story.

History

A summary of how this story has evolved over the last 24 hours.