Intel will be replaced by Nvidia in the Dow Jones industrial average after a 25 year run, signaling a shift in the semiconductor industry.
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00:00NVIDIA CONTINUES TO REIGN SUPREME.
00:02INTEL WILL BE REPLACED BY NVIDIA IN THE DOW JONES INDUSTRIAL AVERAGE AFTER A 25-YEAR RUN,
00:08SIGNALING A SHIFT IN THE SEMICONDUCTOR INDUSTRY. THIS CHANGE HIGHLIGHTS INTEL'S
00:13RECENT CHALLENGES AS NVIDIA GAINS PROMINENCE. S&P DOW JONES INDICES ANNOUNCED ON FRIDAY THAT
00:18THESE MOVES WILL ADJUST THE INDEX'S COMPOSITION. INTEL WAS ONCE THE LEADER IN CHIP MAKING,
00:24BUT HAS STRUGGLED TO KEEP UP AND MISSED OUT ON THE GENERATIVE AI BOOM BY NOT INVESTING
00:29IN COMPANIES LIKE OPEN AI.