GPU Rental Pricing Trends (1y* contract)

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Sources: AI Cloud TCO Model & GPU Pricing Product. For complete data, contact sales@semianalysis.com

Price by Contract Term: H100

Source: AI Cloud TCO Model. For complete data, contact sales@semianalysis.com

Current Market Pricing

Latest available pricing across all contract terms ($/hr/GPU)

SKUPeriod
SemiAnalysis
Spot Selected Index
On-Demand1m3m6m1y*18m*2y*3y*4y*5y*
B200Mar 2026
B300Mar 2026
GB200Aug 2025
GB300Mar 2026
H100Mar 2026$2.82$2.00-2.70
H200Mar 2026
MI300Nov 2025
MI325Nov 2025
MI355Nov 2025

Sources: AI Cloud TCO Model & GPU Pricing Product. For complete data, contact sales@semianalysis.com

Detailed Pricing History

Period
SemiAnalysis
Spot Selected Index
On-Demand1m3m6m1y*18m*2y*3y*4y*5y*
1H 2023$2.70-3.40
2H 2023$6.62$2.65-3.30
1Q 2024$5.78$2.50-3.10
2Q 2024$4.77$3.90$2.20-2.50
3Q 2024$4.44$3.45$2.15-2.45
4Q 2024$3.91$2.85-3.15$1.90-2.10
1Q 2025$3.60$2.70-3.00$1.80-2.10
2Q 2025$3.34$2.50-3.00$1.80-2.10
Jul 2025$2.79$2.25-3.00$1.70-2.00
Aug 2025$2.90$2.00-3.00$1.50-2.00
Sep 2025$2.90$2.00-3.00$1.50-2.00
Oct 2025$2.84$2.20-3.00$1.45-1.95
Nov 2025$2.80$2.20-3.00$1.45-2.00
Dec 2025$2.81$2.20-3.00$1.45-2.00
Jan 2026$2.82$2.20-3.00$1.50-2.05
Feb 2026$2.83✕ Sold Out$1.80-2.35
Mar 2026$2.80✕ Sold Out$2.00-2.70

Pricing reflects 25th-75th percentile pricing ranges for GPU rental. Pricing reflects 25% prepay for 3m and beyond. * denotes terms requiring prepayment (typically 25%).

Sources: AI Cloud TCO Model & GPU Pricing Product. For complete data, contact sales@semianalysis.com