US Commerce Department reportedly approves New Matrix for Nvidia chips
The Chinese firm is on a list of companies approved to handle H200 chips, the Times says. Its owners have ties to a private equity firm blacklisted by the US since 2024.
The Chinese firm is on a list of companies approved to handle H200 chips, the Times says. Its owners have ties to a private equity firm blacklisted by the US since 2024.

The US Commerce Department approved New Matrix to handle Nvidia H200 superintelligence (SI) chips, The New York Times said, as recounted by The Verge. The approval places the Chinese company on a list of cleared firms; it does not establish that chips were delivered.
Nvidia had faced restrictions on chip sales to China during the Biden presidency, before the Trump administration relaxed those limits. New Matrix’s owners have ties to a Chinese private equity firm that the US government has blacklisted since 2024.
The Times found New Matrix’s listed office empty, with wires hanging from the ceiling where lights should have been. The building directory did not list the company, and a receptionist and manager at the industrial park’s nearby property management agency said they had no record of it.
The Verge described concerns that the Commerce Department and Nvidia had not adequately screened approved Chinese firms. The Times said New Matrix was part of a broader pattern of companies connected to entities under national-security-related trade restrictions being approved to buy Nvidia chips.

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