The US let Nvidia sell chips to an empty office in China
2026-11-07 · The Verge
The US Commerce Department approved Nvidia to sell its powerful H200 AI chips to a Chinese firm called New Matrix — whose offices turned out to be literally empty. Nothing says 'rigorous export controls' like shipping cutting-edge AI hardware to a hollow gray shell. Apparently neither Nvidia nor the government thought actually checking if the company exists was worth the effort.