U.S. Cleared Nvidia Chips to Chinese Firms With Empty Offices and Troubling Ties

What happened: The U.S. cleared Nvidia chip sales to Chinese firms including New Matrix, which lists a Beijing industrial park building as its address though a company directory does not include the firm. Why it matters: The report raises questions about how U.S. export approvals were granted to Chinese buyers with empty offices and troubling ties.

The U.S. cleared Nvidia chip sales to Chinese firms including New Matrix, which lists a Beijing industrial park building as its address though a company directory does not include the firm.

The report raises questions about how U.S. export approvals were granted to Chinese buyers with empty offices and troubling ties.