Nvidia Set to Replace Intel in the Dow Jones Industrial Average
- Intel, Dow Inc. are set to leave the 30-member index
- Nvidia up 3.2% in post-market trading, while Intel is down 2%
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Nvidia Corp., the chipmaker at the heart of the artificial intelligence boom, is joining the oldest of Wall Street’s three main equity benchmarks.
The company will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average prior to the start of trading on Nov. 8, S&P Dow Jones Indices said in a statement late Friday. Sherwin-Williams Co. is also joining, replacing Dow Inc.