Nvidia will replace Intel on the Dow Jones Industrial Average, in a move that underscores the growing influence of Gen AI and advanced computing.
The Santa Clara-headquartered tech giant has increased its stock price seven-fold in the past two years through its leadership in artificial intelligence technology, including with development of its Blackwell GPU architecture — what founder and CEO Jensen Huang described as “a processor for the generative AI era” when it was introduced in March at its Silicon Valley GTC AI conference.
Reflecting the company’s influence in media & entertainment, last week Huang accepted
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