Intel 25 years ago refused to acquire Nvidia, ‘reversely absorbed’ by Qualcomm, ‘decline’ due to government support Semiconductor chipmaker Nvidia has been the leading stock in the Dow Jones Industrial Average since the 8th, replacing Intel, which had been the leader for 56 years, and has been reversely absorbed by Qualcomm, citing the huge federal subsidy as the cause of its decline. S&P Dow Jo..