H100 GPU rental prices vary widely
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H100 GPU rental prices vary widely

The gist

H100 GPU rentals now span $1.30 to $12.29 an hour, with a median near $4.74.
The same chip costs 4.57x more at hyperscalers than at the cheapest clouds.

How it unfolded

  1. Oct 2025H100 one-year contract rents hit a trough of about $1.70/hr, and as low as $1.45.
  2. Mar 2026SemiAnalysis's one-year contract index reached $2.35.
  3. Aug 25, 2026AIMultiple's Cloud GPU Rental Price Index put the median H100 rental price at about $3.38/hr, down from more than $7/hr in early 2024.

Key terms

hyperscalers
Large cloud computing providers whose infrastructure can scale rapidly to meet growing demand.
SXM 80GB
A data-center GPU built on Nvidia's Hopper microarchitecture, used for AI and high-performance computing.

Source: Wikipedia

Sources

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