VCG / Contributor / Getty Images Artificial intelligence darling Nvidia and paint maker Sherwin-Williams are set to join the Dow Jones Industrial Average, replacing Intel and chemical giant Dow. The changes will take effect prior to the start of trading ...

U.S. stocks were higher after the close on Friday, as gains in the Consumer Services, Healthcare and Technology sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average added 0.

Nvidia (NASDAQ: NVDA) stock investors got some good news to kick off their weekends. On Friday after the market close, S&P Dow Jones Indices announced that the artificial intelligence (AI) chip giant will replace fellow chipmaker Intel (NASDAQ: INTC) in the Dow Jones Industrial Average (DJINDICES: ^DJI),

The swap reflects their reversal of fortunes within the tech industry and would have been unthinkable a few years ago.

Nvidia Corp. (NASDAQ:NVDA) is poised to replace Intel Corp. (NASDAQ:INTC) on the Dow Jones Industrial Average index. What Happened: On Friday, S&P Dow Jones Indices announced that Nvidia, along with paint-maker Sherwin-Williams Co.

Nvidia Corp., the chipmaker at the heart of the artificial intelligence boom, is joining the oldest of Wall Street’s three main equity indexes.

Nvidia will replace rival chipmaker Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices announced late Friday. Sherwin-Williams will step in for Dow Inc.. The changes will take place before the open on Friday,

Business Insider's Emma Cosgrove explains why Nvidia is now seen as a bellwether and what the switch says about the whole AI ecosystem.

Intel will lose its place on the Dow Jones Industrial Average on November 8, where it will be replaced by AI giant Nvidia.