US Cleared Nvidia H200 Sales to Chinese Firms With 2024 Blacklist Ties
Updated
Updated · The New York Times · Nov 7
US Cleared Nvidia H200 Sales to Chinese Firms With 2024 Blacklist Ties
1 articles · Updated · The New York Times · Nov 7
Summary
New Matrix, a Chinese company approved this year to assemble Nvidia H200 chips into AI computers, appears to have little real-world presence despite passing a U.S. national-security review.
17 months after its creation, the firm’s listed Beijing address was an empty shell, absent from the building directory, and nearby property managers said they had no record of it.
Chinese corporate records link New Matrix’s owners to a private equity fund the U.S. blacklisted in 2024, and two analysts said the company may be a front for firms tied to that fund.
The approval fits a broader pattern that has alarmed technology experts: Commerce has been clearing Chinese buyers and handlers of Nvidia chips even when they have connections to entities under national-security trade restrictions.