Nvidia is set to join the Dow Jones Industrial Average, reflecting its monumental growth as an AI chip manufacturer, highlighted by a staggering 2,500% rise in stock price over the past five years. With a market cap of $3.32 trillion, Nvidia's impact on the tech industry is undeniable as its chips power essential AI tools that are transforming consumer and business interactions.
The Dow Jones Industrial Average's stock selection process involves choosing companies based on their share price and their perceived impact on the economy, which explains why tech giant Nvidia replaces Walgreens in a recent shakeup. The Dow, containing exactly 30 stocks, aims to provide a snapshot of market and economic health.
Collection
[
|
...
]