Trump's Nvidia chip deal with China raises security concerns over approved buyers - report
A New York Times investigation found that Chinese firms cleared to handle Nvidia AI chips have ties to blacklisted entities and military contractors.
The Trump administration has allowed Chinese entities with ties to US-listed entities and military contractors to purchase or handle Nvidia's advanced artificial intelligence chips, sparking concerns about the effectiveness of Washington's national security screening process. Among the approved companies is New Matrix, a 17-month-old Chinese firm with an empty office in Beijing, whose owners have links to a Chinese private equity fund blacklisted by the US in 2024.
This comes amid ongoing concerns in Washington about China's access to advanced American semiconductor technology.
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