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Nvidia10-Q: Inventory issue

NVIDIA takes $4.5B charge for excess H20 chip inventory due to diminished demand.

What happened

US export controls on the H20 chip led to a collapse in demand, forcing a $4.5 billion write-down for excess inventory and purchase obligations. This creates significant financial pressure and highlights the operational and financial risks of supply chain miscalculations in a volatile geopolitical environment.

Source

SEC EDGARMay 20, 2026

Quarterly report (Form 10-Q)

Nvidia 10-Q

Filing excerpt

As a result of these requirements, we incurred a $4.5 billion charge in the first quarter of fiscal year 2026 associated with H20 for excess inventory and purchase obligations, as the demand for H20 products diminished.

sec.gov/Archives/edgar/data/1045810/000104581026000052/nvda-20260426.htmRead the full source

Other signals in this filing (9)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Inventory issue

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
04/26
Filed
May 20, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$4.5B (Charge for excess H20 inventory and purchase obligations)

Details

CIK
1045810
Accession number
0001045810-26-000052
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Supply chain tools needed
Signal category
Financial

Topics and mentions

Technologies

  • H20 integrated circuits

Regions named

  • China

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
May 26, 2026
signal_type
sec-10q
signal_subtype
inventoryIssue

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The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/456e0ed1-7165-457f-b4fd-f4a04ac7935a returns this record as JSON. POST /v1/companies/enrich returns every signal for nvidia.com.

{
  "signal_id": "456e0ed1-7165-457f-b4fd-f4a04ac7935a",
  "signal_type": "sec-10q",
  "signal_subtype": "inventoryIssue",
  "detected_at": "2026-05-26T10:04:42.46+00:00",
  "company": {
    "name": "Nvidia",
    "domain": "nvidia.com"
  },
  "data": {
    "detail": "US export controls on the H20 chip led to a collapse in demand, forcing a $4.5 billion write-down for excess inventory and purchase obligations. This creates significant financial pressure and highlights the operational and financial risks of supply chain miscalculations in a volatile geopolitical environment.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Charge for excess H20 inventory and purchase obligations",
      "dollar_millions": 4500
    },
    "summary": "NVIDIA takes $4.5B charge for excess H20 chip inventory due to diminished demand.",
    "excerpts": "As a result of these requirements, we incurred a $4.5 billion charge in the first quarter of fiscal year 2026 associated with H20 for excess inventory and purchase obligations, as the demand for H20 products diminished.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000052/nvda-20260426.htm",
    "filing_date": "2026-05-20",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "04/26",
    "sales_relevance": "Supply chain tools needed",
    "signal_category": "financial",
    "regions_mentioned": [
      "China"
    ],
    "technologies_mentioned": [
      "H20 integrated circuits"
    ]
  }
}

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