据知情人士透露人工智能云计算公司Coreweave(CRWV.US)正在探索使用金融衍生品作为防范未来内存和存储芯片价格

智通财经
Jul 15
据知情人士透露人工智能云计算公司Coreweave(CRWV.US)正在探索使用金融衍生品作为防范未来内存和存储芯片价格下跌的潜在对冲手段。这一不同寻常的举措凸显了AI热潮如何将云服务提供商与波动剧烈的芯片市场深度绑定。为锁定供应包括CoreWeave在内的云运营商已与美光和闪迪等内存及存储芯片制造商签署了长期协议。其中许多协议为供应商提供了DRAM和存储芯片的价格下限保障。但这种安排是一把双刃剑它能保护芯片制造商免受市场低迷的影响却也让CoreWeave等云服务公司面临风险。一旦价格下跌它们将被迫以远高于市场行情的价格继续采购。因此CoreWeave高管已就如何对冲未来价格下跌可能导致的内存芯片库存贬值风险展开讨论。讨论尚处于初期阶段公司尚未执行任何对冲操作。讨论的方案包括看跌期权以及其他可能的衍生工具。

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