Wall Street in terms of market value, but in the eyes of the 128-year-old Dow Jones Industrial Average, its stock is ranked well below average. The semiconductor maker and leader of the artificial-intelligence boom officially became a member of the venerable index at 9:30 a.

Nvidia has become a member of the Dow Jones Industrial Average Friday, replacing storied chipmaker Intel as the artificial intelligence darling cements its position as the world’s most valuable company.

A $1 gain in UnitedHealth would represent only a 0.18% change for the stock, compared to a significant 4.31% move for Intel. For Nvidia, a $1 change would be about 0.74%. Despite these percentage differences, the effect on the Dow remains the same. A $1 move in any Dow stock translates to roughly 6.6 points on the index.

Williams Company (NYSE: SHW) will be added to the Dow Jones Industrial Average. NVDA stock will replace Intel Corp. (NYSE: INTC), and SHW stock will replace Dow Inc. (NASDAQ: DOW) when trading begins on November 8,

Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, underscoring the shift in the chipmaking market and marking another setback for the struggling semiconductor firm.

The ins and outs of membership in the 30-company group that represents success across industries and reflects stock market conditions.

The Dow has become way more tech-focused in recent years with the additions of Salesforce, Amazon, and Nvidia. Sherwin-Williams better represents the materials sector than Dow Inc. In the Dow, companies with higher stock prices have higher weightings.