Exploring Nvidia's evolution, innovations, and future stock trends
Document Type
Article
Publication Date
3-1-2024
Journal / Book Title
Journal of Management and Engineering Integration
Abstract
This paper undertakes a thorough examination of Nvidia's stock market performance, intertwining historical analysis with forward-looking projections to illuminate the dynamic trajectory of this semiconductor industry giant. Commencing with a retrospective review, the authors delve into pivotal milestones, technological innovations, and strategic maneuvers that have shaped Nvidia's stock evolution. Utilizing advanced machine learning algorithms, including Random Forest and Support Vector Regression (SVR), alongside traditional statistical forecasting methods, we forecast future patterns. Through the incorporation of emerging industry dynamics, technological advancements, and market forecasts, our goal is to furnish stakeholders with insights pivotal for strategic decision-making. This dual perspective, encompassing both historical retrospection and future outlook, weaves a holistic narrative capturing the essence of Nvidia's stock market journey. It serves as a valuable resource for avid readers navigating the ever-changing landscape of the semiconductor market, especially considering the expanding role of Nvidia's GPUs in Artificial Intelligence (AI) and deep learning applications.
DOI
10.62704/10057/28082
MSU Digital Commons Citation
Wang, John; Hsu, Jeffrey; and Qin, Zhaoqiong, "Exploring Nvidia's evolution, innovations, and future stock trends" (2024). Department of Information Management and Business Analytics Faculty Scholarship and Creative Works. 202.
https://digitalcommons.montclair.edu/infomgmt-busanalytics-facpubs/202
Published Citation
Wang, J., Hsu, J., & Qin, Z. (2024). Exploring NVIDIA's evolution, innovations, and future stock trends. Journal of Management & Engineering Integration, 17(1), 21-33. https://doi.org/10.62704/10057/28082