The B200 continues its upward trend, currently hovering around $5.73, a new high since July 26th. Meanwhile, the previous generation chip, the H100, has entered a period of consolidation, while the oldest version, the A100, is showing an increasingly pronounced downward trend, currently at a new low since May 24th. The fact that older generation GPUs haven't followed the B200's upward movement indicates that demand is shifting from older generations to the latest generation. However, the demand for high-end, latest-generation GPUs remains strong, with the market willing to pay a premium for the B200. AI computing power pricing is shifting from "overall shortage" to "structural shortage of new-generation high-end GPUs."
-------- 1. A100, H100, and B200 are NVIDIA's three generations of GPU products, from oldest to newest. Newer versions of GPUs offer better performance and are better suited for large-scale, complex models, resulting in higher rental prices.
2. Due to the high price and rapid updates of GPUs, many companies choose to lease chips from cloud service providers and data centers to save on investment. Therefore, tracking GPU rental prices can indirectly reveal market demand and gauge the health of AI computing power.
3. The GPU rental price index primarily tracks daily actual rental quotes for NVIDIA H100, B200, and A100 GPUs from cloud service providers, data centers, and the private rental market. After removing regional differences and outliers, the price is uniformly converted to "how many US dollars per GPU per hour."
4. A rising index typically indicates a tighter GPU supply and stronger demand; a falling index suggests increased supply or cooling demand. By observing price trends and comparing price differences between new and old GPUs, investors can understand the current health of AI computing power.
