--- title: CoreWeave looks to Wall Street to hedge memory chips, an... description: CoreWeave, the AI cloud company with a $31–35bn 2026 capex budget, is exploring financial derivatives — specifically put options on memory chip stocks — to... canonical: https://daily.dev/posts/coreweave-looks-to-wall-street-to-hedge-memory-chips-an-asset-with-no-market-axwiokq5d twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: CoreWeave looks to Wall Street to hedge memory chips, an asset with no market | daily.dev og:description: CoreWeave, the AI cloud company with a $31–35bn 2026 capex budget, is exploring financial derivatives — specifically put options on memory chip stocks — to... og:url: https://daily.dev/posts/coreweave-looks-to-wall-street-to-hedge-memory-chips-an-asset-with-no-market-axwiokq5d og:image: https://api.daily.dev/og/posts/axWIoKQ5d.png og:image:alt: CoreWeave looks to Wall Street to hedge memory chips, an asset with no market og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # CoreWeave looks to Wall Street to hedge memory chips, an asset with no market **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary CoreWeave, the AI cloud company with a $31–35bn 2026 capex budget, is exploring financial derivatives — specifically put options on memory chip stocks — to hedge against a potential future drop in DRAM prices. The company locked in long-term supply agreements with Micron and SanDisk that include price floors, protecting suppliers but exposing CoreWeave if prices fall. DRAM contract prices surged 93–98% QoQ in Q1 2026, though the pace is decelerating. Because no direct DRAM futures market exists yet (regulatory approval pending), the likely hedge is a proxy short via memory chip equities or ETFs like the Roundhill Memory ETF (ticker: DRAM). New manufacturing capacity from SK hynix and Micron is expected to fully ramp in early 2028, the point at which locked-in prices could become a real liability. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Why Wall Street thinks US memory maker Micron is the next Nvidia](https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/coreweave-looks-to-wall-street-to-hedge-memory-chips-an-asset-with-no-market-axwiokq5d) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"CoreWeave looks to Wall Street to hedge memory chips, an asset with no market","url":"https://daily.dev/posts/coreweave-looks-to-wall-street-to-hedge-memory-chips-an-asset-with-no-market-axwiokq5d","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/coreweave-looks-to-wall-street-to-hedge-memory-chips-an-asset-with-no-market-axwiokq5d"},"datePublished":"2026-07-15T10:14:45.212Z","dateModified":"2026-07-15T10:20:01.683Z","description":"CoreWeave, the AI cloud company with a $31–35bn 2026 capex budget, is exploring financial derivatives — specifically put options on memory chip stocks — to...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/77f552093dedc518f3107e0d009584fc?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/77f552093dedc518f3107e0d009584fc?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/coreweave-looks-to-wall-street-to-hedge-memory-chips-an-asset-with-no-market-axwiokq5d","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai-infrastructure","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"CoreWeave looks to Wall Street to hedge memory chips, an asset with no market"}]} ```