Forecasting Nvidia Stock Trends: An Analytical Approach

Nvidia stocks have experienced significant volatility and growth in recent years, largely driven by the company's leadership in the graphics processing unit (GPU) market and its pivotal role in the booming sectors of artificial intelligence and gaming. The surge in demand for AI technologies has positioned Nvidia as a key player, with its GPUs being essential for machine learning and data processing tasks. This strong market position has led to soaring stock prices, attracting investors’ attention, and boosting the company's market capitalization. However, potential investors should be mindful of factors such as market competition, regulatory changes, and the cyclical nature of the tech industry, which could influence Nvidia's future performance. Against this backdrop, we tried to forecast the stock trends of Nvidia using time series models.