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Adapt or Perish: The Resilience of Innovation
In 2022, the U.S. government imposed restrictions on Nvidia, prohibiting the sale of its most advanced chips to China, significantly impacting Nvidia's stock and potential revenues. This move aimed to restrict China's progress in advanced technologies like image recognition. However, rather than succumbing to these challenges, Nvidia demonstrated resilience by swiftly developing a workaround through the creation of a less sophisticated chip that complied with U.S. regulations while still allowing them to maintain business with China.