GoKawiilNvidia-approved Chinese buyer New Matrix found to have no real office, NYT reports
The New York Times found that New Matrix, a Chinese firm cleared to receive Nvidia's H200 AI chips, operates out of what appears to be an empty, gutted office space with no listing in the building directory. The report says New Matrix's owners have links to a Chinese private equity firm blacklisted by the US government since 2024, and that this is part of a broader pattern of approved buyers tied to restricted entities.
GoKawiil's interpretation of the reporting above, not reported fact.
The findings suggest gaps in how the Commerce Department and Nvidia vet Chinese companies cleared to handle advanced AI chips, which could undermine export controls meant to limit China's access to sensitive technology. This comes after the Trump administration eased Biden-era restrictions on Nvidia's China sales in exchange for a 15-percent cut of revenue, a deal reached following lobbying by CEO Jensen Huang, raising questions about whether security review kept pace with the policy shift.
- New Matrix, a Chinese firm approved to buy Nvidia H200 chips, appears to have no functioning office, per NYT reporting
- Its owners reportedly have ties to a Chinese private equity firm blacklisted by the US since 2024
- The case reflects a wider pattern of lax vetting of Chinese buyers after the Trump administration relaxed Nvidia's China export limits
Source: theverge.com — Terrence O'Brien, 2026-11-07
Published there as: “The US let Nvidia sell chips to an empty office in China”
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