Crisis-stricken IT giant and processor manufacturer Intel is being knocked out of one of the world's most well-known stock indexes, Wall Street's Dow Jones Industrial Average (DJIA). Replacement: competitor and price-rusher Nvidia.
The fact that Nvidia is being picked shows the increasing importance of AI in the American economy. In that area, Nvidia, unlike Intel, has succeeded.
The current index was created in 1896 and is seen as a measure of the state of the US stock market, the largest in the world.