
Nvidia has officially joined the Dow Jones Industrial Average, replacing Intel, which has seen a significant decline of 48% over the past five years. This move comes as Nvidia has solidified its position as the world's most valuable company, with a market capitalization of $3.62 trillion, driven by approximately $80 billion in annual revenue. Over the past five years, Nvidia's stock has surged by 2,770%, reflecting its dominance in the artificial intelligence sector. As Nvidia continues to lead in AI technology, some experts suggest that its position may face challenges from emerging competitors in the AI chip market.
Nvidia was added to the Dow last week after gaining 2,770% over the past 5 years. Who did it replace? Intel, which was down 48% over the last 5 years. $NVDA $INTC Video: https://t.co/stODSuTfrV https://t.co/QB3dbDcsH8
In a bold statement, the CEO of an AI chip startup argues that Nvidia's dominance in artificial intelligence is at risk. Explore insights into the competitive landscape and potential disruptions in the AI sector. Read more in our latest blog post: https://t.co/e6jxRYAWsq
Inside the murky new AI chip economy https://t.co/5sa1nHKlID | opinion