US approves Nvidia H200 sales to empty Chinese firm with blacklisted ties
Briefing by News4U · First published
The Verge reported that the US government approved Nvidia H200 AI chip sales to New Matrix, a Chinese firm created 17 months ago whose listed offices are empty and whose owners have ties to a private equity firm blacklisted by the US since 2024. The Trump administration relaxed prior Biden-era limits after Nvidia agreed to give the government a 15-percent cut of all sales. [1]
Sources
- The US let Nvidia sell chips to an empty office in China
The Verge · · Full text