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Chronicles

The story behind the story

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Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999

- Intel, Dow Inc. are set to leave the 30-member index  — Nvidia up 3.2% in post-market trading, while Intel is down 2%

Bloomberg

Discussion

  • @carnage4life Dare Obasanjo on threads
    The age of AI has toppled the king of semiconductors.  It's Nvidia's world now.
  • @lessin @lessin on x
    So i hear you like symbolism... [image]
  • @yampeleg Yam Peleg on x
    what a symbolic moment..
  • @iterintellectus Vittorio on x
    total jensen victory
  • @alifarhat79 @alifarhat79 on x
    @gurgavin Everytime a stock is kicked out of the Dow it somehow fares better overtime
  • @newsynick Nick Turner on x
    Nvidia is replacing Intel in the Dow Jones Industrial Average (also, Dow Inc. is getting kicked out of the Dow? seems rude) [image]
  • @sarbjeetjohal Sarbjeet Johal on x
    Nvidia is replacing Intel in the Dow Jones Industrial Average. My take: Same factor different effects: Optics got just a little worse for @Intel as it's dropped out of DOW. @Nvidia being in DOW is good but it won't move the needle in any direction for them. BTW there isn't a [ima…
  • @kobeissiletter @kobeissiletter on x
    Truly insane: Nvidia, $NVDA, just added $100 BILLION of market cap just on the announcement it will be joining the Dow Jones Industrial Average. Intel is being removed after 25 years of being in the index. Incredible. [image]
  • @gurgavin @gurgavin on x
    INTEL IS BEING KICKED OUT OF THE DOW JONES AFTER 25 YEARS AND IS BEING REPLACED BY NVIDIA WOW $INTC $NVDA [image]
  • @bearlyai @bearlyai on x
    On news that Nvidia will replace Intel in the Dow Jones Index, reminder that Jensen Huang is worth $20B more than Intel's market cap [image]
  • @tcrawford Tim Crawford on x
    This is huge. Not just that @nvidia is joining the DJIA, but that it is replacing stalwart @intel. Nvidia to join Dow Jones Industrial Average, replacing Intel. https://www.cnbc.com/... #CIO $NVDA $INTC #chips #semiconductors
  • @gurgavin @gurgavin on x
    FUN FACT INTEL WAS ADDED TO THE DOW JONES ALMOST AT THE PEAK OF THE DOT COM BUBBLE IN NOVEMBER 1999 INTEL SHARES WERE TRADING AT $42.25 THAT DAY IF YOU PUT $10,000 INTO INTEL STOCK THAT DAY 25 YEARS LATER TODAY YOU WOULD ONLY HAVE $5,500 ( NOT INCLUDING DIVIDENDS ) $INTC
  • @hpc_guru @hpc_guru on x
    Nvidia is replacing Intel in the Dow Jones Industrial Average, a shakeup that reflects a massive change in the semiconductor industry @Nvidia shares have gained more than 170% this year, while @Intel has lost over half its value https://www.cnbc.com/... #HPC #AI
  • @tcrawford Tim Crawford on x
    Providing a little more color... This is not all bad for @Intel. It will take some of the pressure off while they work to refocus the company, offering and engagement with customers. #CIO #chips #INTC #semiconductors
  • @sullycnbc Brian Sullivan on x
    Wow .. Nvidia & Sherwin Williams are IN the Dow Jones Industrial average .. replacing Intel and Dow (Chemical) Intel joined the DJIA in 1999. Ends 25 year run. We know DJIA doesn't really matter for investors but kind of another punch in the gut for Intel. more now on
  • r/stocks r on reddit
    Nvidia to join Dow Jones Industrial Average, replacing Intel
  • r/technology r on reddit
    Nvidia to replace Intel in Dow Jones Industrial Average
  • r/AMD_Stock r on reddit
    Nvidia to join Dow Jones Industrial Average, replacing Intel
  • r/wallstreetbets r on reddit
    Nvidia to join Dow Jones Industrial Average, replacing Intel