Samsung SDI Secures Major LFP Battery Supply Deal in the U.S. 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
CVS Health Signals Strong 2026 Profit Outlook Amid Turnaround Progress 
Nvidia Develops New Location-Verification Technology for AI Chips 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Intel Out, Nvidia In: A New Era in the Dow Jones Industrial Average
Nvidia's Entry Reflects AI Market Shift
Nvidia will soon join the prestigious Dow Jones Industrial Average (DJIA), replacing Intel after a 25-year presence. S&P Dow Jones Indices announced the change, introducing Sherwin-Williams to the index, replacing Dow Inc. This reshuffle emphasizes Nvidia’s rise as a leader in AI chip technology amid Intel’s setbacks.
Intel's Decline Amid Rising AI Demand
Once a dominant force in chip manufacturing, Intel has recently lost its competitive edge. The company missed opportunities, such as an early investment in OpenAI, the maker of ChatGPT, and has lagged behind TSMC in manufacturing advancements. As a result, Intel’s stock has dropped by 54% this year, making it the poorest-performing stock on the DJIA.
Intel’s challenges have increased following this exclusion, affecting its participation in exchange-traded funds (ETFs) that track the Dow, potentially further impacting its stock value. Despite projected growth in PC and server businesses, Intel’s road to recovery appears steep.
Nvidia’s Role in the AI Boom
Nvidia’s valuation has surged, reaching $3.32 trillion, due to its critical role in powering AI systems. Originally popular with gamers for its graphics processing units (GPUs), Nvidia’s chips are now essential in generative AI and data centers. Its stock has more than doubled this year alone, boosted by a 10-for-1 stock split, which made shares more accessible.
