Nvidia Corporation is set to replace Intel Corporation in the Dow Jones Industrial Average later this week. This development marks an important milestone for Nvidia, but according to analyst Jordan Klein of Mizuho, there’s another significant event that’s being overlooked.
Klein notes that a recent comment from a South Korean memory company suggests strong demand for Nvidia’s products. The analyst believes this could be even more significant than the Dow nod, highlighting the growing importance of Nvidia in the industry.
Source: https://www.marketwatch.com/story/nvidias-dow-nod-is-a-plus-but-this-development-could-be-an-even-bigger-deal-145bf575