Nvidia reportedly disclosed $530 billion in gross off-balance-sheet guarantees

SemiAnalysis says Nvidia’s 10-Q disclosed $530 billion in gross off-balance-sheet guarantees across six line items, compared with $184 billion of obligations in the prior quarter. It points to increased supply commitments, primarily to buy memory, and datacenter backstops for SB Energy’s PORTS-Pike campus in Ohio for OpenAI. Two new items are $36 billion in AI cloud agreements representing neocloud backstops and $20 billion in datacenter leases Nvidia took out to later assign to neocloud customers.