The US let Nvidia sell chips to an empty office in China
- New Matrix was approved to handle Nvidia H200 chips despite signs it may not operate.
- Its owners have ties to a US-blacklisted Chinese investment firm.
- The case raises questions about vetting and chip export controls.
Questions are being raised about how US officials and Nvidia vetted Chinese companies approved to handle Nvidia’s H200 AI chips. One approved firm, New Matrix, appears to have no functioning office or clear business presence, raising concerns about whether checks are adequate and whether restricted entities could gain…