US approves Nvidia AI chip sales to empty office in China

the us government has approved the sale of nvidia's h200 ai chips to new matrix, a chinese firm with ties to blacklisted companies. an investigation found new matrix's offices to be an empty industrial park with no record of the company at the listed address or nearby property management agency. new matrix's owners have ties to a chinese private equity firm blacklisted by the us government since 2024. this incident raises concerns about the oversight of nvidia's chip sales to china and whether the commerce department and nvidia are doing sufficient due diligence. this is not an isolated incident, with a pattern of companies connected to entities with national-security-related trade restrictions being approved to purchase nvidia chips.