The Verge, citing the New York Times, says a firm approved to handle Nvidia H200 chips lists an empty office

The Verge published an article at 3:43 PM UTC on 7 November 2026. It says concerns are being raised that the Commerce Department and Nvidia are not doing due diligence when vetting Chinese firms cleared to handle Nvidia's H200 AI chips. As reported by The Verge, citing The New York Times, New Matrix is on the list of approved firms, and its offices are empty. The Verge quotes the Times describing "a hollow gray shell with wires dangling from the ceiling where lights should be." The Times article itself was not opened.

The Verge says the Times could find little evidence that the company exists in a meaningful way. It quotes the Times: New Matrix was created 17 months ago; only scant information can be found online; a company directory at the building New Matrix lists as its address does not include the firm; and a receptionist and a manager at the nearby property management agency for the industrial park both said they had no record of the company. The Verge says the owners have ties to a Chinese private equity firm that has been blacklisted by the US government since 2024. It says that, according to the Times, this is not a rare lapse, and that companies connected to entities with national-security-related trade restrictions are being approved to purchase Nvidia chips.

What it means for business: the article does not publish a new export rule, a licence number, or a denial. It is a report, as The Verge attributes it to the Times, about who is on an approval list for H200 chips. A firm that ships those chips should not treat this page as a change to the licence conditions. This describes the article. It is not advice on an export.