Nvidia replaces Intel in the DJIA index thanks to its leading position in AI
- DJIA Entry: $NVDA Nvidia has earned a coveted position in the Dow Jones Industrial Average (DJIA), replacing Intel.
- Growth Support: $NVDA's stock growth was supported by strong investment in artificial intelligence by technology companies.
- Leaderin AI processors: Nvidia $NVDA is at the forefront of advanced processors that are key to the development of AI technologies.
- Strong demand for AI: Continuously growing demand for AI technologies strengthens the company's long-term growth prospects. acquired prestigious position in the Dow Jones Industrial Average (DJIA)where it will replace Intel.
I think it makes sense. Intel has no business being there and $NVDA should have been there a long time ago.