Reported 24 days ago
Nvidia (NVDA) will replace Intel (INTC) in the Dow Jones Industrial Average effective November 8, 2024, as announced by S&P Dow Jones Indices. This change reflects Nvidia's significant market value of $3.39 trillion, making it a better representation of the current tech landscape, particularly in the AI sector. The decision comes amid Nvidia's rising stock prices and a 10-for-1 stock split that made its addition possible due to the Dow's price-weighted nature.
Source: YAHOO