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Traders will soon be able to bet on computer chip prices as AI drives costs skyward
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- A new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of computing power.
- "GPU markets ... have historically lacked standardized reference pricing," Carmen Li, chief executive of Silicon Data, said in the release.
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A new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of computing power.
Contracts on the new "compute futures market" from CME Group will be based on graphics processing units (GPU) price indexes from Silicon Data, the companies said in a statement released Tuesday announcing the joint venture.
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