The recent Ornn H100 index drop to $2.63 (-7.72%) is confusing. But mostly because it's a misleading index. Our H100 hou…
SemiAnalysis Twitter · SemiAnalysis (@SemiAnalysis_) · 2026-06-02
SemiAnalysis contends the Ornn H100 price index is methodologically flawed because it relies only on printed transactions, while SemiAnalysis's own data shows H100 hourly rates have been stable in a $2.70–$3.01 band for 146 consecutive days.
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Extraction
Topics: gpu-pricingh100-marketai-hardwaremarket-data-methodology
Claims
- The Ornn H100 index recently reported a drop to $2.63, a -7.72% decline.
- SemiAnalysis argues the Ornn index is misleading because it is constructed solely from printed (publicly listed) transactions.
- SemiAnalysis's own H100 hourly pricing has remained within a $2.70–$3.01 band for 146 consecutive days.
- The Ornn index swung from $1.80 to $3.22 to $2.63 within a single month, indicating high volatility driven by methodology rather than the actual market.
Key quotes
The recent Ornn H100 index drop to $2.63 (-7.72%) is confusing. But mostly because it's a misleading index.
Our H100 hourly has been in a $2.70–$3.01 band for 146 straight days.
OCPI is built only from printed transactions.