Renting an Nvidia H200 now costs about 160% more than it did at the start of the year.
The increase covers the period from January 1, 2026 through mid-October. It points to demand for AI computing power that supply still can’t match.
The H200 leads a broad price climb
The H200 isn’t the only Nvidia chip getting more expensive to rent. It is simply getting more expensive faster than the rest of the lineup.
Here is how year-to-date rental increases compare across Nvidia’s models:
H200: up about 160%
B200: up about 120%
RTX PRO 6000: up around 65%
H100: up approximately 35%
The oddest data point belongs to the A100. That chip is six years old. It now rents for more than it did in January.
The H200’s outsized jump makes some sense given what it can do. The chip carries 141 GB of HBM3e memory and 4.8 TB/s of memory bandwidth. Its memory capacity is 1.76× that of the H100, its predecessor.
What renters are actually paying
Median on-demand rental prices for the H200 sit around $4.27 to $4.94 per GPU-hour across tracked providers.
Spot marketplaces are cheaper. There, H200 rates can fall as low as about $1.47 per GPU-hour, with spot pricing ranging up to $3.88.
At the other end are the hyperscalers, the giant cloud platforms like AWS and Azure. Their H200 rates average from about $7.91 to more than $10.60 per hour.
Individual providers are also nudging prices upward. Nebius raised its on-demand H200 price from $4.50 to $5.40 per GPU-hour, a 20% increase. The change took effect on October 1, 2026.
Nebius didn’t stop at the H200. In the same adjustment, it raised H100 rates by 17%.
Disclosure: This article was edited by Diego Almada Lopez. For more information on how we create and review content, see our Editorial Policy.