CME Group to Launch Nvidia GPU Rental Futures on Oct. 5 as H100 Rates Hit $2.68
Updated
Updated · Yahoo Finance · Aug 29
CME Group to Launch Nvidia GPU Rental Futures on Oct. 5 as H100 Rates Hit $2.68
3 articles · Updated · Yahoo Finance · Aug 29
Summary
Oct. 5 is the target date for CME Group to list futures tied to hourly rental prices for Nvidia H100 and B200 GPUs, pending regulatory approval.
The contracts will cash-settle against Silicon Data benchmarks now around $2.68 per GPU-hour for H100s and $5.66 for B200s, giving traders exposure to price moves rather than access to chips.
CME is betting AI infrastructure demand needs a hedge as Nvidia pushes deeper into compute financing and rental revenue, with the company this week forecasting about 70% revenue growth in fiscal 2028.
Standardizing compute is the hard part: rental prices vary by chip, provider, location, term and networking, and past attempts to commoditize DRAM and bandwidth largely failed while weather and iron-ore derivatives found narrower success.