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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.
Keywords: Innovations, AI; Machine Learning; Random Forest; Support Vector Machine; Deep Learning Applications
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1. Introduction
Nvidia, a behemoth in the technology industry, has earned its reputation as a leading competitor through a combination of organizational strength and technological innovation. Established in 1993 by Curtis Priem, Christopher Malachowsky, and Jen-Hsun Huang, the company has evolved into a powerhouse specializing in Al technology and computer science data. As its website indicates, brilliant minds make breakthrough discoveries. Nvidia pioneered accelerated computing to tackle challenges no one else can solve. Their work in Al and digital twins is transforming the world's largest industries and profoundly impacting society. Al is powering change in every industry, from generative Al and speech recognition to medical imaging and improved supply chain management, providing enterprises with the computing power, tools, and algorithms their teams need to do their life's work (NVIDIA, 2024).
Nvidia's journey is marked by transformative contributions to the gaming industry, with its graphics technology becoming a cornerstone of success. Widely adopted by companies for video game graphics, the impact of Nvidia's Al technologies is evident in their widespread use across over 40,000 companies and 15,000 startups, as of a 2020 announcement. While precise current numbers are higher, official updates have not been made public. The company's innovative timeline highlights its evolution from 3D graphics...