According to the latest data from SemiAnalysis, one-year lease rates for H100 GPUs have surged from a low of $1.70/hour in October 2025 to $2.35/hour by March, marking an increase of nearly 40%.
The GPU compute market in early 2026 has reached extreme tightness—akin to a “last flight out” scenario—where on-demand capacity is fully booked, and existing clients are willing to absorb higher costs rather than release secured resources.
The GPU compute market in early 2026 has reached extreme tightness—akin to a “last flight out” scenario—where on-demand capacity is fully booked, and existing clients are willing to absorb higher costs rather than release secured resources.
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