Narativ with Zev Shalev

Narativ with Zev Shalev

The Narativ

NEW ANALYSIS: Lutnick's Commerce Cleared Firms Tied to China's Military Suppliers

Huang resigned Thursday. None of the licenses he lobbied for has been reported pulled, and the Chinese firms cleared under them include empty offices and firms tied to China's military suppliers.

Zev Shalev's avatar
Zev Shalev
Nov 12, 2026
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The address is "a hollow gray shell with wires dangling from the ceiling." The New York Times found it when its reporters went looking for New Matrix, a Chinese company created 17 months ago. The office park's managers had no record of the firm.

Howard Lutnick's Commerce Department had approved New Matrix to assemble Nvidia's advanced chips.

Jensen Huang resigned Thursday as Nvidia's president, chief executive and board member. The company gave no reason. As far as The Narativ could find, no license for the China sales he lobbied for has been pulled.

New Matrix is one of four cleared firms tied to blacklisted companies or to suppliers of China's military.

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