輝達（NVIDIA）執行長黃仁勳日前才被爆出曾與中國女間諜黃樂（Le Huang）關係密切，如今輝達晶片出口中國業務又捲入重大風波。外媒報導指出，美國商務部獲准處理輝達H200晶片的中國企業中，竟包含成立僅17個月的「New Matrix」，經外媒實地走訪北京登記地址，發現現場竟是一間沒有實際營運痕跡的空殼辦公室，引發外界質疑，審查是否存在漏洞。
根據《紐約時報》報導，他們實地前往New Matrix位於北京西北郊工業園區的註冊地址進行調查，映入眼簾的是一間完全空置的灰色房屋，天花板甚至還垂掛著未安裝燈具的裸露電線，大樓內的企業目錄，完全沒有這家公司的資訊，園區的接待人員與經理也表示「內部系統完全沒有這家公司的任何登記或入住紀錄」。
事實上，這並非外媒首次揭露獲准處理輝達晶片的中國業者存在幽靈辦公室現象，紐時在今年9月時，也曾走訪另一家獲許可的企業「Maginfra」，發現這家公司的登記地址同樣只是一間鎖著門、擺放數張空桌椅的荒廢房間。
分析師指出，Maginfra與先前已被美方列入出口管制實體清單的中國軍工業者浪潮集團共享專利與人員，本質上極可能是黑名單企業為了繞過制裁所成立的「幌子公司（Front company）」。
報導進一步分析New Matrix的背景，發現這家公司的主要股東與中國智路資本（Wise Road）及紫光集團（Tsinghua Unigroup）董事長李濱存在密切關聯。智路資本因協助中國政府收購敏感半導體技術，已經在2024年被美國商務部列入黑名單。
紫光集團旗下新華三半導體也因與中國軍方合作而遭到美方制裁，前白宮國家安全委員會中國事務主管托賓（Liza Tobin）重砲批評，商務部與輝達皆未落實必要的調查，導致出口許可條件淪為空談，他也擔心，這恐怕會讓高階晶片技術，間接流向中國軍方。
對於相關質疑，美方監管單位與輝達先後做出回應，美國商務部工業和安全局發言人強調，所有許可申請均通過嚴格的國家安全審查，並提及2025年已對違規企業開罰超過3億美元。輝達發言人里佐（John Rizzo）則回應稱，中國軍方依賴美國技術並不符合邏輯，輝達始終將最新、最頂尖的技術留在美國本土，且目前H200晶片對中國出貨量，佔輝達整體數據中心營收不到1%。
川普政府日前放寬對中國晶片出口限制，允許輝達向中國出售H200晶片，並要求相關產品須途經美國以課徵25%關稅。但受到中國政府積極推廣國產晶片、減緩審查批准速度的影響，目前輝達直接銷往中國的H200出貨量非常有限。儘管如此，也有許多中國企業選擇透過東南亞等第三地的資料中心取得輝達晶片算力，美、中2國在AI先進晶片領域的地緣政治博弈與安全審查風波持續升溫中。
🇺🇲 🇨🇳 Commerce cleared Chinese firms with empty offices and blacklist ties to handle Nvidia H200 chips, according to The New York Times The Commerce Department approved a Chinese company called New Matrix to assemble Nvidia's H200 chips into AI servers, and when The New York Times went looking for it, the listed address in an industrial park on Beijing's northwest fringe was "a hollow gray shell with wires dangling from the ceiling where lights should be" (Photo below). A company directory did not list the firm, and the park's property management office told the paper it had no record of it. New Matrix was created 17 months ago and did not respond to requests for comment. According to Chinese corporate records cited by the Times, two of New Matrix's primary owners appear in records of companies connected to Wise Road, a Chinese private equity fund the US placed on the Commerce Department's entity list in 2024 for helping Beijing acquire sensitive chip companies. Wise Road's founder, Li Bin, also chairs Tsinghua Unigroup, whose subsidiary New H3C Semiconductor Technologies was entity-listed in 2021 for working with the Chinese military. Two analysts told the Times they believed New Matrix may be a front for firms associated with the fund. New Matrix is the second approved H200 handler with no visible physical presence: in September the Times found Maginfra's listed office deserted, and analysts tie that firm to entity-listed Inspur. The Times reports Commerce has cleared roughly two dozen Chinese firms to buy or handle H200s, including Baidu, BYD and Tesla Shanghai, per people familiar with the approvals, and that other licensees link back to military suppliers, including Zhejiang Yindun Cloud (tied to Range Intelligent Computing) and Shanghai Jiatang (which grew out of state-owned Datang Telecom). The H200 sales run under Trump's arrangement in which chips assembled in Taiwan route through the US so Washington can collect a 25 percent tariff. Liza Tobin, a former NSC China director, told the paper she has "a ton of concerns" that neither Commerce nor Nvidia is doing enough due diligence on license terms. Both sides answered on record. A Bureau of Industry and Security spokesman said the agency carefully reviews all applications for national security risk, imposed $324 million in export penalties in 2025, and hired more than 90 enforcement officers this year. Nvidia spokesman John Rizzo said "it makes no sense for the Chinese military to depend on American technology" and noted Beijing has strictly limited H200 imports. H200 shipments to China were under 1 percent of Nvidia's data-center revenue in the quarter ended July, the Times reported.
— The Tectonic (@thetect0nic) November 8, 2026
