Nvidia to be included in Dow from 8th...Intel Excluded After 25 Years

2024.11.02 AM 11:36
Artificial Intelligence (AI) chip leader Nvidia pushes Intel out of the U.S. Majority Index.

Nvidia will be officially included in the index on the 8th, and Intel, which entered the Dow in 1999, will be excluded for the first time in 25 years.

Nvidia shares are up more than 180% this year due to a surge in demand for AI chips from tech giants.

On the other hand, Intel, a leading Silicon Valley company, has seen its stock price fall by 50% this year due to sluggish performance.

The Dow, which consists of 30 stocks of blue-chip companies such as Apple and Microsoft, is a representative stock index that informs trends and market prices in the U.S. stock market.



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