Intel Faces Dow Jones Removal as Shares Plummet

Reported about 1 month ago

Intel, once a key player in the Dow Jones Industrial Average, is at risk of being removed from the index after a significant decline in its share price, which has dropped nearly 60% this year. The company has faced mounting challenges, including lower global chip sales and missteps in its product strategy. Analysts suggest that if Intel is removed, it could further tarnish its reputation, especially as competitors like Nvidia and Texas Instruments are eyeing potential inclusion in the index.

Source: YAHOO

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