Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index (.DJI), opens new tab after a 25-year run, underscoring the shift in the chipmaking market and marking another setback for the struggling semiconductor firm. Intel worst performer on the Dow this year

Nvidia stock rises 2.2% after hours, Intel down 1.6%

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Nvidia's ascendance to the DJIA underscores its dominance in the rapidly growing field of artificial intelligence and reflects a broader trend in the market where companies focused on AI technologies are gaining prominence. Nvidia's shares have surged significantly, climbing over 170% in 2024 alone, which contrasts sharply with Intel's performance as the worst performer on the Dow this year