Once a semiconductor powerhouse, Intel has faced challenges due to manufacturing setbacks and its limited presence in the AI chip market, now dominated by Nvidia. Intel’s traditional focus on PC processors left it lagging behind, with rivals like Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing Company (TSMC) gaining ground. Intel’s stock is down 54% this year, marking it as the worst-performing DJIA component, and its departure from the index may dampen visibility further by reducing its inclusion in index-tracking funds.
Dow’s Increasing Focus on AI Titans
With Nvidia’s inclusion, the DJIA now includes four trillion-dollar tech leaders—Apple, Microsoft, Salesforce, and Nvidia—reflecting the blue-chip index’s growing emphasis on companies…
Read More