Nvidia is joining nan Dow Jones Industrial Average, nan S&P Dow Jones Indices said connected Friday, replacing its rival Intel, which held nan position for 25 years.
The news follows a series of setbacks for Intel, nan storied, astir six-decade-old chipmaker. As Nvidia's banal marketplace worth surpassed $3 trillion this year, Intel shares fell by much than half successful 2024.
Nvidia shares were up 3% successful after-market trading.
This communicative is developing. Check backmost for much information.
Thanks for signing up!
Access your favourite topics successful a personalized provender while you're connected nan go.
By clicking “Sign Up”, you judge our Terms of Service and Privacy Policy. You tin opt-out astatine immoderate clip by visiting our Preferences page aliases by clicking "unsubscribe" astatine nan bottommost of nan email.