Nvidia has replaced Intel in the Dow Jones Industrial Average, marking a significant shift in the semiconductor industry. Intel's 25-year run on the index comes to an end due to its declining stock price and missed opportunities in the AI chip market. Nvidia's growing demand for AI accelerator chips has propelled its market capitalization to $3.32 trillion, making it the second most valuable company in the world.

Source: https://arstechnica.com/ai/2024/11/nvidia-ousts-intel-from-dow-jones-index-after-25-year-run/