Solving non linear pde $z_x z_y = \frac{x^2 z^3}{y}$
Solution
The partial differential equation to be solved for $z(x,y)$ is
$$\frac{\partial z}{\partial x} \frac{\partial z}{\partial y} = \frac{x^2}{y} z^3\tag{1}$$
As there are no boundary conditions given we understand the problem as to present a particular non trivial solution.
Here is one such solution
$$z(x,y)=\frac{1}{\left(q+\frac{p x^3}{3}+\frac{\log (y)}{4 p}\right)^2}\tag{2}$$
where $p$ and $q$ are arbitrary parameters in a "reasonable" range.
$(2)$ can be verified by direct calculation. But we prefer to show a heuristic path to find it in the next section.
Derivation
To begin with, we try to simplify the r.h.s. $z^3$ by the ansatz $z=u^a$ which after inserting this into $(1)$ gives $a=-2$ as was pointed out by Claude Leibovici in his solution.
The resulting PDE becomes
$$ \frac{\partial u}{\partial x} \frac{\partial u}{\partial y} = \frac{x^2}{4 y}\tag{2}$$
Notice that the r.h.s. is independent of $u$.
Next we turn to the factor of the independent variables $\frac{x^2}{y}$. This leads to consider a specific dependence of $u$ in the form
$$u(x,y) = v(x^3, \log_y)= v(r,s)\tag{3}$$
with $r=x^3$, $s=\log(y)$.
Inserting $(3)$ into $(2)$ gives
$$3 x^2 \left(\frac{\partial}{\partial r} v(r,s)\right) \left( \frac{1}{y}\frac{\partial }{\partial s} v(r,s)\right)=\frac{x^2}{4 y}$$
or
$$\left(\frac{\partial }{\partial r} v(r,s)\right) \left( \frac{\partial }{\partial s} v(r,s)\right)=\frac{1}{12}\tag{4}$$
Note that now the r.h.s. is a simple constant.
Attempting a solution in the form of a sum
$$v(r,s) = A(r) + B(s)$$
gives after reinserting
$$z = \frac{1}{\left(q+\frac{a x^3}{3}+\frac{\log (y)}{4 a}\right)^2}$$
This is the particular solution $(2)$.
Hint
As you noticed, you choice was not the best.
By analogy with the one dimension case, let $z=\frac 1 {u^2}$ which, after simplification, will give $$ u_x u_y=\frac {x^2}{4y} $$ which is much more pleasant.