Xin Lang Cai Jing·2025-10-23 16:25Core Insights - The article highlights the resilience and innovative spirit of China in the face of U.S. technology restrictions, particularly in the semiconductor sector [2] - It emphasizes that U.S. efforts to block high-end chip exports have not hindered China's progress but rather spurred significant advancements in domestic technology [2] Industry Impact - The focus of the U.S.-China technology rivalry is on the semiconductor industry, where U.S. sanctions aimed at crippling China's AI capabilities have backfired [2] - Nvidia, which previously held a 95% market share in China's advanced chip market, has seen its share drop to zero, with CEO Jensen Huang acknowledging the severe cost of losing the Chinese market [2] Innovation and Development - China's approach to overcoming these challenges is characterized by a multi-faceted strategy that includes innovative architectures and self-developed chips, exemplified by Huawei's advancements [2] - The stock price of Cambricon has quadrupled over the past year, indicating strong market performance and investor confidence in Chinese tech companies [2] Broader Technological Advancements - The article notes that innovation is pervasive across various sectors in China, with AI being utilized in fashion design, autonomous vehicles in Wuhan, and smart management in ports [2] - Historical context is provided, illustrating that restrictions have historically led to greater creativity and innovation within China, from the "Two Bombs, One Satellite" project to current semiconductor breakthroughs [2]