Intel's Dow status under threat: analysts
during the dot-com boom in 1999, is now facing the possibility of losing its place in the prestigious index, according to an article from Reuters on Tuesday.
A potential removal from the Dow would be a significant blow to Intel's already struggling reputation. The company missed out on the surge in artificial intelligence opportunities after opting not to invest in OpenAI, and its contract manufacturing unit, intended to compete with TSMC, has been suffering mounting losses, as reported by Reuters.
However, speaking to Reuters, some analysts and a former board member expressed concerns that these actions may be too little, too late. The index's selection committee makes changes as necessary, with the most recent adjustment occurring in February when Walgreens Boots Alliance (NASDAQ:, which considers market value, stock price plays a crucial role in Dow inclusion. Currently, Intel is the least influential member of the index, with a weight of just 0.32%, according to Reuters.Scan QR code to install app
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