Nvidia set to replace Intel in the Dow Jones Industrial Average on November 8 — All you need to know | Stock Market News

Nvidia set to replace Intel in the Dow Jones Industrial Average on November 8 — All you need to know | Stock Market News

Source: Live Mint Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from…

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Intel hikes Q4 revenue forecast; stock rises over 8% on turnaround optimism, AI frenzy | Stock Market News

Intel hikes Q4 revenue forecast; stock rises over 8% on turnaround optimism, AI frenzy | Stock Market News

Source: Live Mint (Bloomberg) — Intel Corp. shares surged after the chipmaker gave a revenue forecast slightly above estimates, sparking optimism that it’s capable of reclaiming some lost market share. Fourth-quarter revenue will be $13.3 billion to $14.3 billion, the Santa Clara, California-based company said in a statement on Thursday. That compares with the $13.6…

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