Nvidia is stepping in to replace Intel in the Dow Jones Industrial Average. It’s a big move that reflects the rise of AI and major changes in the chip industry. This switch takes effect on Nov. 8. Sherwin-Williams is also coming in to replace Dow Inc.
Nvidia’s stock has shot up over 170% this year after a huge jump last year too. Its market cap is now around $3.3 trillion, just behind Apple.
Who here didn’t invest in NVDA? Let’s see those hands!
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
Haha, sounds like a trap.
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
If you have any S&P 500 or growth fund, you’re in NVDA, whether you know it or not.
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
If you have any S&P 500 or growth fund, you’re in NVDA, whether you know it or not.
I meant like a big personal investment, hoping for a 10x.
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
I bought in and doubled my money… then sold.
…back in 2018 
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
I bought in and doubled my money… then sold.
…back in 2018
Ouch! I got in back in 2011 and held on. Now that initial $1k has grown 421x! Put in more in 2018, and that’s up 23x. Funny thing is, I only got into NVDA because I liked their gaming GPUs in college.
People might call Motley Fool a scam, but one good thing I learned was not to sell winners. Now I mostly sell underperformers for tax purposes.
@Sullivan
Same here. I bought 50 shares back in 2000 for gaming. Sometimes it’s best to just ‘set it and forget it’… and forgetting I had it in my Roth helped too!
@Sullivan
Wow, that’s some serious growth!
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
Looks like you used emojis… This is your friendly reminder to keep comments emoji-free here. 
Have a great day!
Leif said:
Who here didn’t invest in NVDA? Let’s see those hands!
Bought in 2018, then sold when it started dropping. Guess I missed out big time.
These swaps always seem to lower the Dow. They wait until Intel falls enough to drag the Dow down, then add Nvidia after it’s had a huge run-up. Sure, Nvidia could go higher, but at $3T it’s already huge. If they’d made the switch a couple of years ago, the Dow would look a lot different.
And we’re talking about swapping a $100B company for a $3T one.
@Jory
Doesn’t really matter since the Dow is price-weighted, not market-cap weighted.
@Jory
Why does everyone think a $3T company can’t grow anymore?
@Jory
As long as hedge funds need NVDA as collateral for their risky derivatives, its price will stay inflated… kinda like what happened with Tesla.
@Jory
Dow 10,000 
@Jory
They said the same thing about Apple at $1T.
Cool news, but why follow the Dow in the first place?
This feels like classic buy high, sell low. Intel should’ve been out years ago. Adding Nvidia now feels risky, especially since the Dow is usually made up of safe, stable blue-chip stocks, which Nvidia isn’t.