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Guarantee / Reviewed release

NVIDIA AI-cloud lease guarantees — aggregate exposure

A record of disclosed terms and participants. Each assertion is linked to its supporting evidence.

guarantee_entered_contingent_paymentLatest disclosure · 26 Aug 2026

Financial terms

Multiple disclosed amounts

Amounts describe different obligations and are not additive. A commitment is not cash drawn; a commercial contract is not a guarantee. Unstated terms remain unknown.

01

The parties

  • GuarantorNVIDIA

Legal entities and vehicles are shown separately. A role does not establish the amount funded or the scope of recourse.

02

What supports the financing?

Purpose, assets, contracts and credit support are different things. Only explicitly recorded terms appear here.

Assets & purpose

Not separately recorded — check the source evidence

Collateral & secured status

Not separately recorded — check the source evidence

Repayment & offtake

Not separately recorded — check the source evidence

Recourse & guarantees

  • USD 3,500,000,000guarantor NVIDIA CORP (resolved from filing-context 'we'); supported obligors are partners; beneficiaries are lessors; agreements entered into in fiscal year 2026; in exchange for warrants; maximum gross exposure under all agreements; reduced as partners make payments to lessors over 5 to 7 years; classified as credit derivatives; not material | Normalization: Aggregate contingent NVIDIA guarantee exposure for the exact existing AI-cloud lease guarantee instrument; the repeated supported partners and lessors remain unnamed and are not added as parent, lender, or affiliate entities. | Source fact date unknown
  • USD 3,500,000,000guarantor NVIDIA CORP; supported obligor select AI cloud partners; creditor/lessor not named; guarantee for data center lease obligations in the event of default; maximum gross exposure under all agreements; not drawn exposure | Normalization: Aggregate contingent exposure, not cash paid or a funded loan. Unnamed legal affiliates remain unresolved; no parent substituted for obligor or beneficiary. Knowledge date from retained source/accession coverage, not effective date. | Source fact date unknown
03

Terms, with the evidence

Separate observations, not an additive total. Disclosure dates, observation dates and effective periods retain their original meaning.

Coverage limit

support.coverage_limit

USD 3,500,000,000

guarantor NVIDIA CORP (resolved from filing-context 'we'); supported obligors are partners; beneficiaries are lessors; agreements entered into in fiscal year 2026; in exchange for warrants; maximum gross exposure under all agreements; reduced as partners make payments to lessors over 5 to 7 years; classified as credit derivatives; not material | Normalization: Aggregate contingent NVIDIA guarantee exposure for the exact existing AI-cloud lease guarantee instrument; the repeated supported partners and lessors remain unnamed and are not added as parent, lender, or affiliate entities. | Source fact date unknown

Record total — not a per-participant allocation

Disclosed
20 May 2026
Observed as of
Not disclosed
Effective from
Not disclosed
Effective to
Not disclosed
SupportsNVIDIA CorporationNot disclosed
The maximum gross exposure under all agreements is $3.5 billion

edgartools-evidence-v2/bundle:58

Economic status

contract.economic_status

guarantee_entered_contingent_payment

executed shell guarantee; supported obligors are select AI cloud partners (unnamed); relates to data center lease obligations in the event of their default; classified as a credit derivative; fair value not significant; amount not disclosed | Normalization: Existence of guarantees with conditional payment, not separate land/power/shell financings. Knowledge date from retained source/accession coverage, not effective date. | Source fact date unknown

Disclosed
26 Aug 2026
Observed as of
Not disclosed
Effective from
Not disclosed
Effective to
Not disclosed
SupportsNVIDIA CorporationNot disclosed
We entered into land, power, and shell guarantees for select AI cloud partners’ data center lease obligations in the event of their default.

edgartools-evidence-v2/bundle:59

Coverage limit

support.coverage_limit

USD 3,500,000,000

guarantor NVIDIA CORP; supported obligor select AI cloud partners; creditor/lessor not named; guarantee for data center lease obligations in the event of default; maximum gross exposure under all agreements; not drawn exposure | Normalization: Aggregate contingent exposure, not cash paid or a funded loan. Unnamed legal affiliates remain unresolved; no parent substituted for obligor or beneficiary. Knowledge date from retained source/accession coverage, not effective date. | Source fact date unknown

Record total — not a per-participant allocation

Disclosed
26 Aug 2026
Observed as of
Not disclosed
Effective from
Not disclosed
Effective to
Not disclosed
SupportsNVIDIA CorporationNot disclosed
The maximum gross exposure under all agreements is $3.5 billion.

edgartools-evidence-v2/bundle:88

A permanent address. A dated record.

Cite the disclosure.

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Edition
Reviewed release · sec-nvidia-msft-reviewed-20260908
Generated
2026-09-09T08:42:57.056Z
Dataset SHA-256
d4a82ffcabca4fa3b043890406ac837cc2024f9596a61de6d4e6cf14613191bb