Nvidia Corp. was the best performing stock in the S&P 500 as recently as Sept. 16, when its roughly monthlong reign as the index’s top gainer was curtailed by Vistra Corp., which has held down the No. 1 spot every day since, according to Dow Jones Market ...

Also know that, unlike the S&P 500 or the Nasdaq Composite, the Dow is weighted by price rather than by market cap. Although Nvidia has an outsized influence on the movements of the cap-weighted benchmarks, at current prices NVDA stock will be as important to the DJIA as, roughly, 3M ( MMM ).

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Nvidia (NVDA) shares rose 1% in Monday morning trading as the AI chipmaker is set to join the Dow Jones Industrial Average, which comprises the 30 leading U.S. stocks. This inclusion marks a significant milestone for Nvidia and reflects its growing influence in the tech and AI sectors.

The AI chip maker will join the 30-company stock indexm which is seen as a bellwether for U.S. economic fortunes.

On Friday, S&P Dow Jones Indices announced that AI chipmaker Nvidia will replace Intel in the Dow Jones Industrial Average, marking a seismic shift in the semiconductor industry and ending Intel's 25-year run on the prestigious stock market index.