Persistent AI training and inference demand for high-memory Hopper GPUs like the H200 continues to support elevated rental rates, with current on-demand medians near $4.5–4.7 per GPU-hour across providers and recent upward trends of 3% over 90 days and 26% year-over-year. Traders see the closely matched probabilities around $5.50–$6.00 and $7.50+ as reflecting capacity constraints at neoclouds and hyperscalers, selective price increases such as Nebius’s 20% October adjustment, and slower-than-expected Blackwell displacement for memory-intensive workloads. Spot and marketplace rates remain lower but volatile, while export controls and domestic competition in China add global supply uncertainty that could either tighten Western availability or ease pressure if next-gen capacity ramps faster than anticipated before year-end.
本市场将根据 2026年12月31日 的 Ornn H200 Index 最终价格进行结算。 如果记录的数据恰好位于两个区间之间,本市场将按较高的区间结算。 本市场的结算来源为 Ornnai.com (ornnai.com),具体而言,是 https://dashboard.ornnai.com 上提供的 H200 Index 图表数据。结算将采用图表上显示的指定最终每日数值。次日的数据点发布后,当日数据将视为最终数据。 指定数据点定稿后即进行结算。如果相关数据截至指定日期后的第 7 个日历日结束时(ET)仍未定稿,本市场将根据届时可获取的最新数据进行结算。相关数值最终确定后所作的修订将不予考虑。
机器翻译。如有争议,以原文为准。