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AI CURATED HOT STORY · 11/7/2026

US Clears Nvidia H200 Chip Buyers in China, Including an Empty-Shell Firm

1 reports archived1 independent sourcesupdated 11/7/2026, 23:43:45
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A New York Times investigation found that New Matrix, one of the Chinese firms cleared by Washington to buy Nvidia's H200 AI chips, has an empty office at its listed address, with no record of the company at the building directory or the industrial park's property manager. Its owners are tied to a Chinese private equity firm blacklisted by the US since 2024, and the paper describes the case as part of a broader pattern of weak due diligence by the Commerce Department and Nvidia.

LATEST/A New York Times investigation found that New Matrix, one of the Chinese firms cleared by Washington to buy Nvidia's H200 AI chips, has an empty office at its listed address, with no record of the company at the building directory or the industrial park's property manager. Its owners are tied to a Chinese private equity firm blacklisted by the US since 2024, and the paper describes the case as part of a broader pattern of weak due diligence by the Commerce Department and Nvidia.

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Total 1 reports · Latest first
  1. The Verge AIT2·72 pts

    US Clears Nvidia H200 Chip Buyers in China, Including an Empty-Shell Firm

    • New Matrix, approved to buy Nvidia H200 chips, has an empty office at its listed address with no record at the building or property manager
    • Its owners are linked to a Chinese private equity firm blacklisted by the US since 2024
    • The report describes the case as a pattern rather than an isolated lapse, raising questions over due diligence by the Commerce Department and Nvidia