It’s the end of an era: Nvidia replaces Intel in a key Dow Jones index, as Team Blue’s fortunes tumble

Intel office


For 25 years, chip giant Intel has been a key measure of the strength of the semiconductor market, being one of just 30 companies on the Dow Jones Industrial Average index. However, a year of non-stop financial losses and a portfolio of late or underwhelming products have taken their toll on Intel’s share price. As a result, S&P Dow Jones has deleted it from the IA index in favour of the AI darling Nvidia.

As things currently stand, Intel’s share price is around $23, roughly half what it was a year ago. It has dropped heavily after each financial statement and it’s not surprising when one sees the figures. While this year’s revenues have been slightly better than in 2023, Intel has suffered a net income loss each quarter.



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