Key Takeaways

• CME Group CEO Terry Duffy said on Bloomberg’s Odd Lots podcast that the GPU market will be “multiples of the size of crypto by 2030.”

• GPU futures, which CME wants to list but regulators are holding back, would let chip buyers hedge rental prices and borrow more cheaply.

• CoreWeave’s total debt rose from $2 billion at the end of 2023 to $29.8 billion at the end of 2025, and its bonds due 2032 yield close to 15%.

• Cheaper financing for GPU buyers would support the demand behind Nvidia’s revenue estimates, though a futures market would also put…