Nvidia's off-balance-sheet guarantees surge to $530 billion in fiscal Q2
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Nvidia reported off-balance-sheet commitments and guarantees for nearly $530 billion in its second fiscal quarter, nearly three times the previous quarter. The figure includes supply commitments, AI cloud agreements and a guarantee of up to $105 billion linked to a SB Energy campus in Ohio, where OpenAI will be a customer.
Nvidia Backstop Book Hits $286B as Colette Kress Takes Over
The Nvidia backstop book now belongs to Colette Kress, and by one account she never wanted one of its biggest lines. The interim chief inherits at least $286 billion of named commitments to customers, landlords and lenders, on this desk’s sum of four figures reported by CNBC: $36 billion of cloud purchases promised to neoclouds, $20 billion of data-centre leases, a $105 billion guarantee for OpenAI’s Ohio campus and up to $125 billion behind a W…
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