Nvidia To Replace Intel In Dow Jones As Ai Industry Shifts

Nvidia is set to replace chip giant Intel in the Dow Jones Industrial Average, in a major shake-up to the blue-chip index. The change underscores the surge in artificial intelligence and signals a significant shift within the semiconductor industry. The switch will take place on Friday (Nov. 8), S&P Dow Jones revealed in a statement, in a bid to “ensure a more representative exposure to the semiconductors industry.” Nvidia has emerged as a leader in the AI chip market, taking the place of its struggling competitor Intel, which has held a spot on the Dow index since 1999. Why Dow is swapping Intel for Nvidia In July, ReadWrite reported that Microsoft had been dethroned as the world’s most valuable company by Nvidia, and as recently as Monday (Nov.