KuCoin (citing AIMultiple GPU Price Index)
Jun 26, 2026
bearish
B200 spot rental prices fell ~30% in three weeks from late-May peak
Data from AIMultiple's index of 63 cloud providers showed the B200 median at $6.11/hr as of the May 30 peak; spot-market tracking by Ornn data showed the hourly rate falling to approximately $4.22 by late June. Three cited drivers are improved TSMC 4NP process yields reducing production costs, easing HBM3e supply from SK Hynix and Micron, and new neocloud entrants — including RunPod, Lambda, Nebius, and Spheron — adding B200 spot inventory. Forecasts from Spheron and Thunder Compute suggest B200 on-demand prices could stabilize in the $2.50–$3.00 range by Q4 2026 if Blackwell Ultra B300 spot supply also expands.
NVIDIA Newsroom
May 31, 2026
neutral
NVIDIA confirms Vera Rubin in full production, initial shipments set for fall 2026
At GTC Taipei, NVIDIA announced the Vera Rubin platform has ramped into full production across 350+ factories in 30 countries, with production shipments targeted to begin in Q3 2026 and volume ramping through Q4. The platform promises 10x agent throughput versus Grace Blackwell and will require 100% liquid-cooled data center infrastructure. Near-term implication for rental markets: Blackwell B200/B300 remains the deployable generation through at least end-2026, while Vera Rubin's entry is expected to divert fresh capex and gradually ease demand pressure on current-generation Hopper (H100) clusters.
The SDH100RT (H100 Neo-Cloud) at $2.67/hr sits roughly in line with the broader neocloud market median, which AIMultiple's June 2026 index placed near $2.99/hr across 63 providers. Its 10-day gain of +1.5% is modest and consistent with a stable, mature segment — the 30-day reading of -4.0% reflects softening that accelerated in early-to-mid June as hyperscaler H100 supply remained ample and provider competition stayed intense. The SDB200RT (B200 Neo-Cloud) tells a different story: up +5.8% over 10 days and +3.3% over 30 days at $5.63/hr, tracking the elevated demand-side pressure on Blackwell inventory that has kept B200 neocloud on-demand rates structurally above H100. However, external data points to a B200 spot-price correction already underway that may filter into on-demand rates in coming weeks.