US approved Nvidia chip sales to empty China office — SkimNews
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- New Matrix is listed as an approved recipient of Nvidia’s H200 AI chips despite having an empty office and no verifiable operations, according to The New York Times.
- The US Commerce Department has cleared sales of Nvidia chips to Chinese firms linked to blacklisted entities, raising concerns about lax oversight in export controls.
- Nvidia is selling its AI chips to China under relaxed Trump-era rules that followed a deal to give the US government a 15% cut of all sales.
- New Matrix has ties to a Chinese private equity firm blacklisted by the US since 2024, and its owners raise red flags in national security assessments.
- The New York Times found that New Matrix’s listed address contains no directory listing, and property managers have no record of the company’s existence.
Why it matters: The approval of chip sales to a non-operational firm with links to blacklisted entities undermines US export controls meant to block advanced technology from reaching sensitive Chinese actors. This gap allows high-performance AI hardware to potentially be diverted, weakening the strategic intent of the restrictions and increasing compliance risks for Nvidia and the government.
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