Concerns are being raised that neither the Commerce Department nor Nvidia are doing their due diligence when it comes to investigating the Chinese companies authorized to handle the company’s H200 AI chips. According The New York TimesNew Matrix is on the list of approved companies, but its offices are empty, “a hollow gray shell with cables hanging from the ceiling where there should be lights.” In fact, the article was able to find little evidence that the company exists in any meaningful way:
Only scant information can be found on the Internet about the New Matrix, which was created 17 months ago. In the building that New Matrix lists as its address, a business directory does not list the company. At the property management agency near the industrial park, a receptionist and a manager said they had no records for the company.
It is worrying how little information can be found about the New Matrix. Its owners have ties to a Chinese private equity firm that has been blacklisted by the US government since 2024. And according to the TimesThis is not an unusual lapse in oversight, but rather a troubling pattern of companies connected to entities with national security-related trade restrictions receiving approval to purchase Nvidia chips.
