Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run.
replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chip-making market and marking another setback for the struggling semiconductor firm.
The development comes a day after Intel expressed optimism about the future of its PC and server businesses, projecting current-quarter revenue above estimates but warning that it had “a lot of work to do”. In the 1990s, “Intel Inside” stickers turned commodity electronic components into premium products, and eventually became ubiquitous on laptops.
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