Reports indicate that the HBM shortage is spurring new distribution and financing models. An executive at a chip design company stated that during the AI Infra Summit, several traders proactively indicated they had readily available HBM inventory, suggesting that some HBM is beginning to circulate outside of traditional direct-supply channels.
Meanwhile, a credit industry executive revealed that financial institutions are exploring the use of financing tools to pre-purchase memory capacity and then resell it for profit. Investment firm Coatue Management and AI chip startup MatX are also discussing similar projects, but the future resale of this capacity, and specifically how it will be resold, remains uncertain. (The Information)
