The important signal is that this is likely a spot price index not term pricing. Our neocloud survey for 1-year H100 con…
SemiAnalysis Twitter · SemiAnalysis (@SemiAnalysis_) · 2026-06-26
SemiAnalysis reports that widely-cited falling GPU prices likely reflect spot indexes, while their neocloud survey shows 1-year H100 contract prices have actually risen from roughly $1.70/hr to $2.65/hr over the past several months.
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Topics: gpu-pricingh100neocloudai-compute-demand
Claims
- The widely-cited falling GPU price indexes are likely spot price indexes, not term contract pricing.
- One-year H100 contract prices have risen from a trough of approximately $1.70 per hour to approximately $2.65 per hour as of June 2026.
- Spot and contract pricing for H100s are currently moving in opposite directions.
Key quotes
The important signal is that this is likely a spot price index not term pricing.
Our neocloud survey for 1-year H100 contract prices have instead climbed from a trough of roughly $1.70 per hour late last year to about $2.65 per hour today.