(The Verge —
theverge.com): The New York Times finds a company approved to buy Nvidia's H200 chips for China that barely exists — New Matrix's only listed office is empty, the industrial park has no record of it, and the 17-month-old firm's owners have ties to a Chinese private equity outfit the US has blacklisted since 2024 — and reports a pattern of approvals for companies connected to national-security-restricted entities. The sales became possible under the Trump administration's relaxed limits, after Nvidia agreed to pay the government a 15 percent cut of all China sales.
