Daily prices will cover 4 NVIDIA chips: NVIDIA H100, H200, B200 and B300 chips. Prices will be in USD per GPU-hour and USD per million tokens of output, based on prices and availability at 1.30pm CT (Central Standard Time, the second easternmost time zone in the US and Canada). This product range is wider than the proposed CME futures launching in partnership with Silicon Data.
Silicon Data publish H100 and B200 data, including daily-computed indices. They were first-to-market with a GPU forward curve.
The CME are planning to launch GPU futures in 2026 (on the CME NYMEX) pending approval from the CFTC (a tentative launch of 5 October was crossed due to need for longer review, citing manipulation risk in an opaque market), under the maxim "The New Currency for the AI Economy". These futures are set to cover H100 and B200 GPUs, with a contract size of 730 GPU hours (per contract), which is approximately 1 continuous (30 day) month of GPU time; with an IM of 10% of notional (subject to change). Settlement is at an average of daily prices provided by Silicon Data excluding CME Group holidays. The contract is purely financial with no physical delivery.
Note: S&P Global Energy is the rebrand of S&P Global Commodity Insights completed in November 2025. Before that it was known as S&P Global Platts and simply Platts before that.
Platts was originally a newsletter called Platts Oilgram first published in 1923, a specialist publication keyed off a magazine called National Petroleum News (started by Warren C. Platt in Ohio in 1909).
