Commerce approves dozens of Chinese firms to handle Nvidia H200 chips

Nov 7, 2026 10:00 (8h ago)

Commerce approved dozens of Chinese companies to handle Nvidia H200 chips.
New Matrix passed review despite an apparently vacant Beijing address and suspicious ownership links.
Reports raise concerns about licensing gaps in controls on China’s access to advanced semiconductors.

The Commerce Department has approved dozens of Chinese companies to handle Nvidia’s H200 chips, including New Matrix, a firm whose listed Beijing address appears vacant and whose owners have ties to a prominent Chinese private equity fund placed on a U.S. trade blacklist in 2024. President Trump allowed H200 sales to China late last year, subjecting participating companies to Commerce reviews for national-security risks. New Matrix, created 17 months ago, passed the review despite little evidence of operations at its registered location. Two analysts who examined Chinese corporate records and other Chinese-language information said the company may be a front for firms associated with the blacklisted fund. The reported approvals have raised broader concerns about loopholes in licensing and enforcement of restrictions intended to limit China’s access to high-performance computing hardware for artificial-intelligence and military applications.