Nvidia replaces Intel as a Dow Jones component stock; Intel Q3 posts its largest loss ever.

Nvidia officially replaced Intel as a component of the Dow Jones Industrial Index. In the past, semiconductor leading suffered another heavy setback, and the stock price may fall further, can this year's Slump by 50% Intel turn over? (Synopsis: Huang Jenxun smiled!) In response to AMD, Intel formed an x86 alliance to fight Nvidia and Arm: they did it very well) (Background supplement: Nvidia Market Cap broke 3.5 trillion magnesium into "the second in history"!) Bank of America raises target price to $190, overtaking Apple? Historic moment! One of the three major U.S. stock indexes, the Dow Jones Industrial Index, composed of 30 representative Blue-Chip Stocks in the United States, is about to kick out Intel, which has existed for 25 years, and replace it with an AI chip leading. This marks another setback for Intel, the former semiconductor giant with a long-term sluggish performance in recent years, and also highlights a major shift in the semiconductor industry and the rise of artificial intelligence. S&P Dow Jones Indices announced today that Huida will be officially added to the Dow Jones Industrial Index on November 8, joining Sherwin-Williams, the largest U.S. coatings producer, which will replace Dow Chemical. After market hours on Friday, NVIDIA shares rose 2.9% to $139.32; Intel, on the other hand, fell 1.81% to $22.78. Intel stock price Slump by 50% this year As technology giants have invested huge amounts of money in recent years to launch the AI arms race, Huida's stock price has risen by more than 180% so far this year after about 240% last year, and the Market Cap has soared above $3.3 trillion, second only to Apple. Contrary to the blowout growth of Huida, Intel, which was once a global semiconductor leading, has not only lost to TSMC in chip manufacturing in recent years, but also missed the wave of generative AI, and even missed the opportunity to take a 30% stake in OpenAI. The company's shares have fallen more than 51% so far this year, making it the worst performer of the Dow component. Regarding Intel's replacement by Huida in the Dow, Susannah Streeter, head of capital and marketing at Hargreaves Lansdown, told Reuters that losing its position as a component of the Dow Jones Index would be another blow to Intel's reputation, and it is grappling with a painful transition and the 13th and 14th generation CPUs that detonated the Crisis of Confidence, which also means that Intel is not included in the ETF that tracks the Dow. This could further affect share prices. Extended reading: Intel finally admitted that the 13th and 14th generation Intel CPUs are "major disasters" and will fully compensate users Intel hit the largest loss in history in the third quarter Nikkei reported that Intel announced on Thursday (10/31) that the third quarter of 2024 reported revenue of $13.3 billion, down 6% year-on-year, higher than the market expectation of $13.02 billion, but the final net loss of profit and loss was $16.639 billion, the final loss for three consecutive quarters, and Q3 also hit the company's largest loss ever. Analysts expect Intel to report its first annual net loss this year since its founding in 1986. The company's Market Cap has broken $100 billion for the first time in 30 years. It is understood that the losses were caused by an impairment loss of $15.9 billion from overinvestment in semiconductor manufacturing equipment and a total of $18.5 billion in expenses due to layoffs. However, due to a better-than-expected revenue in Q3 earnings and a positive market reaction after a higher-than-expected Q4 guidance, Intel's stock price rose as much as 15% intraday on Friday and still rose 7.81% at the close. Google Finance's latest Ultra200 evaluation is super popular, I may not save Intel Intel CEO Pat Gelsinger said on an earnings call that the company is undergoing its most influential restructuring since its inception. On October 28, the Board of Directors' Audit and Finance Committee approved a series of write-off expense plans, including layoffs of 16,500 employees and the reduction or sale of two-thirds of global property holdings. This major restructuring should be completed by the fourth quarter of 2025. Whether Intel can turn the tide through this corporate restructuring and get out of the trough remains to be seen, but after the release of the 15th generation of the latest Core Ultra 200 series last week, the market evaluation Pupp, according to youtuber Gamer Nexus evaluation, he believes that this representative is now very ordinary, and some of the performance is even lost to the 14th generation, which cannot save the market for the recent bad reputation of Intel processors. Overall, the performance has not improved significantly, even if the power consumption drops significantly, but on the desktop computer this is an insignificant improvement, and it is more expensive than the current competitors (including private labels), and the overall performance is poor, the cost performance is low, so the 15th-generation CPU that is pinned on high hopes may not save Intel, which faces strong competition from AMD. Related reports The US government "supports Intel" to promote the localization of AI chips, Huang Jenxun: TSMC is very good, but not the only Intel survival! It is rumored that "spinning off or selling" Intel's IC design and wafer foundry business may be unfavorable to TSMC? Intel once refused to take a stake in OpenAI" 1 billion magnesium + AI chip for 30% of the shares is too expensive, net laughter: Intel does not have that life Huida GB200 "the highest AI server" cloud factory snapped up! Hon Hai OEM orders: demand is very crazy 〈Huida replaced Intel as a component of the Dow Jones Index; Intel Q3 has the largest loss in history" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".