getdeploying.com GPU Rental Price Index
Aug 06, 2026
bullish
H100 market-wide median up 12% year-on-year; B200 median up 8% since August 2025
The weekly index, built from real listings across 71 providers, shows the H100 on-demand median at $3.36/hr, up from $3.00/hr a year ago — a 12% annual gain. The B200 median reached $6.19/hr, up roughly 8% from $5.75/hr in August 2025. Both figures reflect a broad-based price floor that has held well above prior expectations for this phase of the Blackwell ramp.
ComputeStacker Insights
Jul 24, 2026
bullish
B200 spot peaked at $5.64/hr in July; cross-stack shortage persists through H100 tier
ComputeStacker documented B200 neo-cloud spot running $4.90–$5.64 through July, driven by a shortage that extended across the full GPU stack rather than only frontier hardware. H100 one-year contract rates rose approximately 40% from October 2025 lows, an anomaly the piece attributes to NVIDIA prioritising Blackwell wafer allocation, HBM scarcity, and power/cooling bottlenecks at some sites. Supply relief is not expected before late 2026 at the earliest, when new HBM capacity begins to come online.
Axe Compute Inc. (SEC Form 8-K)
Jul 27, 2026
bullish
Axe Compute signs $1.5B Blackwell B300 contract, pushing 2026 signed value above $3B
Axe Compute (NASDAQ: AGPU) disclosed a new five-year customer agreement valued at over $1.5 billion to deploy more than 9,200 NVIDIA Blackwell B300 GPUs in a purpose-built US cluster. Combined with earlier agreements, the filing puts the company's total 2026 signed contracted value above $3 billion. The scale and multi-year tenor of the deal signals that enterprise demand for frontier Blackwell capacity continues to outpace available supply at current price levels.
Both index tenors are softening on the 10-day view — SDH100RT slipped 0.4% to $2.74/hr and SDB200RT fell 1.2% to $5.59/hr — yet the 30-day picture is mixed: H100 Neo-Cloud has added 2.6% over the month while B200 Neo-Cloud has shed 2.6%, suggesting Blackwell neo-cloud rates may be finding a near-term ceiling as incremental supply comes online. Broader market data corroborates the divergence: the H100 market-wide median is up roughly 12% year-on-year, while B200 spot rates peaked sharply in spring and have been compressing from highs near $4.90–$5.64 through July.
The underlying supply picture remains structurally tight. TSMC CoWoS packaging is fully allocated through at least mid-2027, HBM3e constraints persist, and enterprise demand continues to absorb new capacity quickly — illustrated by a $1.5B, 5-year Blackwell B300 contract signed on July 27 that lifted one neocloud operator's 2026 signed contracted value above $3B. Relief for the previous-generation H100 tier is not expected before late 2026 or early 2027 as new HBM capacity comes online, keeping the H100 floor elevated relative to where most observers expected it to be at this stage of the Blackwell ramp.