Exclusive-AI cloud company CoreWeave explores Wall Street playbook to hedge memory-chip price risk

SAN FRANCISCO, July 14 : AI cloud computing company CoreWeave is exploring the use of financial derivatives as a potential hedge against a future drop in memory and storage chip prices, according to a person familiar with the matter.The unusual move underscores how deeply the AI boom has entangled cloud providers with the volatile chip market. To lock in supply amid soaring demand, thanks to a surge in AI infrastructure construction, cloud operators including CoreWeave have signed long-term agreements with memory and storage makers such as Micron and SanDisk.Many of these deals guarantee suppliers a price floor for dynamic random access memory (DRAM) and storage chips.But the arrangement cuts both ways: it protects chipmakers from a downturn, but leaves cloud companies like CoreWeave expos