H100 GPU spot price drops to $2.42 per hour, down 40% from May peak. According to SemiAnalysis, the spot price of H100 cloud GPUs has fallen to $2.42 per hour, down about 40% from the May peak. This decline has raised concerns within the ecosystem about weak computing demand and possible pullback in AI investment. However, SemiAnalysis points out that this represents the spot market price, not long-term contracts; the company's cloud survey shows that the 1-year H100 contract price has actually risen from about $1.70 per hour at the end of the year to about $2.65 per hour, indicating a divergence between spot and term pricing.

H100 GPU spot price has dropped to $2.42 per hour, down 40% from the May peak. According to SemiAnalysis, the spot price of H100 cloud GPUs has fallen to $2.42 per hour, down about 40% from the May peak. This decline has sparked concerns within the ecosystem about weak computing demand and a potential pullback in AI investment. However, SemiAnalysis notes that this reflects spot market prices, not long-term contracts. The company’s cloud survey shows that the one-year H100 contract price has actually risen from about $1.70 per hour at the end of the year to about $2.65, indicating a divergence between spot pricing and term pricing.