Jan. 2 at 6:46 PM
$SOXX ~
Does Nvidia’s Groq acquisition actually stabilize collapsing GPU rental rates? If not, how do hyperscalers service the debt on GPUs they already financed — let alone afford the next refresh cycle?
Credible data shows 2025 rental rates are falling fast:
• TrendForce: B200s renting ~
$3.20/hr early 2025, sliding to ~
$2.80/hr by October (https://www.trendforce.com/.../news-why-gpu-rental-prices...).
• Cybernews: H100s crashed from
$8.X/hr to ~
$1.X/hr; RTX 4090s as low as
$0.20/hr (https://cybernews.com/tech/gpu-rental-prices-are-crashing/).
• Thunder Compute: H100s down to ~
$2.85–
$3.50/hr; A100s under
$0.80/hr (https://www.thundercompute.com/.../ai-gpu-rental-market...).
• IntuitionLabs: H100 rentals in the low single digits, often <
$3.X/hr (https://intuitionlabs.ai/.../h100-rental-prices-cloud...).
Rates have collapsed from
$8.X/hr to ~
$3.X/hr or lower. Even top‑end chips now rent at breakeven‑threatening levels. Oversupply + hyperscaler competition = margin compression.