Larry Fink, chief executive of BlackRock, said the United States is short on power, computing capacity, and chips, pointing to a potential market for futures tied to compute resources.
BlackRock CEO Larry Fink said a new asset class could emerge around buying futures of compute, while also highlighting shortages in power, computing capacity, and chips in the United States. The comment suggests a possible expansion of financial markets into infrastructure linked to artificial intelligence and data-center demand, where futures (contracts to buy or sell an asset later) can be used to manage price risk and secure access to scarce resources.