Nvidia is now a Dow member, as is paint maker Sherwin-Williams.

KEY TAKEAWAYS

Nvidia joined the Dow Jones Industrial Average on Friday, replacing storied chipmaker Intel as the artificial intelligence darling solidifies its position as the world’s most valuable company.
Nvidia shares, which fell 1.2% in premarket trading, have nearly tripled since the start of the year on the artificial intelligence frenzy, while Intel shares are down nearly 50%.
Paint maker Sherwin-Williams also joined the blue-chip index on Friday, displacing chemical giant Dow.

Nvidia (NVDA) joined That Dow Jones Industrial Average Friday, replacing legendary chipmaker Intel (INTC) How artificial intelligence (AI) the beloved strengthens her position as the most valuable in the world company.

The change took effect before the start of trading, according to S&P Dow Jones Indices, which manages the blue-chip index, in an announcement earlier this month.

Nvidia shares, which were little changed in premarket trading, have nearly tripled since the start of the year, driven by insatiable demand for the company’s family of AI chips, including the next generation of Blackwell. graphics processing units (GPUs). Artificial intelligence boom helps chipmaker leapfrog Microsoft (MSFT) and Apple (AAPL) to become most valuable publicly listed company in the world.

Intel shares are down nearly 50% this year.

Nvidia shares have hit record highs since announcing the company’s inclusion in the blue-chip index earlier this month.

In contrast, Intel shares are down nearly 50% this year. struggling with expensive turnaround Chief Executive Officer (CEO) Pat Gelsinger.

Paint manufacturer Sherwin-Williams (MSW) also became a member of the blue chip index on Friday, displacing chemical giant Dow (preschool educational institution).

Shares of Sherwin-Williams were unchanged in premarket trading but are up 23% this year. Intel fell 1%.