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Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel

By NBC News   |   Nov 2, 2024 at 02:40 PM EST
Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel

Nvidia is replacing Intel in the Dow Jones Industrial Average, reflecting the rise of artificial intelligence. Nvidia's market cap has surged, making it the second-largest publicly traded company. The switch will happen on Nov. 8, alongside Sherwin Williams replacing Dow Inc. in the index.

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