{
  "metadata": {
    "title": "Claim-backed supplemental Shadow Capital metrics",
    "as_of": "2026-07-12",
    "currency": "USD",
    "units": "billions"
  },
  "metrics": [
    {
      "company": "NVIDIA",
      "metric": "export_control_charge",
      "value": 4.5,
      "period": "Fiscal 2026",
      "definition": "Charge associated with excess H20 inventory and purchase obligations after export restrictions",
      "claim_ids": ["C008"]
    },
    {
      "company": "NVIDIA",
      "metric": "inventory_and_purchase_obligation_provisions",
      "value": 7.2,
      "period": "Fiscal 2026",
      "definition": "Provisions for inventory and excess purchase obligations",
      "claim_ids": ["C009"]
    },
    {
      "company": "NVIDIA",
      "metric": "facility_lease_guarantees",
      "value": 3.5,
      "period": "Fiscal 2026 filing period",
      "definition": "Partner-facility lease guarantees disclosed in exchange for warrants; not wafer-fab commitments",
      "claim_ids": ["C010"]
    },
    {
      "company": "NVIDIA",
      "metric": "cloud_service_commitments",
      "value": 30,
      "period": "At 2026-04-26",
      "definition": "Cloud-service commitments kept separate from semiconductor manufacturing",
      "claim_ids": ["C011"]
    },
    {
      "company": "NVIDIA",
      "metric": "investment_commitments",
      "value": 27,
      "period": "At 2026-04-26",
      "definition": "Investment commitments kept separate from semiconductor manufacturing",
      "claim_ids": ["C012"]
    },
    {
      "company": "AMD",
      "metric": "export_control_charge",
      "value": 0.44,
      "period": "Fiscal 2025",
      "definition": "Net inventory and related charge associated with MI308 export restrictions",
      "claim_ids": ["C016"]
    }
  ]
}