NVDA will officially split its stock on June 7. After the split, NVDA will have met the conditions for entering the Dow, and at about $100, entering the Dow will not have a great impact on the allocation of index weights.
It was only a matter of time before NVDA entered the Dow, which represents the US economy, and chips are a key part of US fintech hegemony and an important driver of global economic growth. NVDA is the key to the key. The current chip stock in the Dow is INTC, which is quite a loser and is only a matter of time before it is replaced.
The last giant to enter the Dow was AMZN, which rebounded by nearly 30% after becoming a heavy stock in the Dow. There are only 30 companies in the Dow, but it is not small. Once NVDA enters, it will get a lot of passive allocation funds, which will eventually drive NVDA to a wave of gains.
It was only a matter of time before NVDA entered the Dow, which represents the US economy, and chips are a key part of US fintech hegemony and an important driver of global economic growth. NVDA is the key to the key. The current chip stock in the Dow is INTC, which is quite a loser and is only a matter of time before it is replaced.
The last giant to enter the Dow was AMZN, which rebounded by nearly 30% after becoming a heavy stock in the Dow. There are only 30 companies in the Dow, but it is not small. Once NVDA enters, it will get a lot of passive allocation funds, which will eventually drive NVDA to a wave of gains.

