GPU LEASE RATE INDEX

GPU Pricing Intelligence

What are current GPU lease rates for AI training?

H100 80GB SXM averages $2.15/hr ($1.49-$3.50 range), A100 80GB at $1.45/hr in a maturing market, and AMD MI300X at $2.10/hr as the leading alternative. H200 is at limited availability around $4.50/hr. B200 (Blackwell) is expected late 2026 at $10-15/hr with 2x training performance vs H100. GPU residual values are declining 30-45% annually for previous-generation hardware.

Last updated: April 2026

Frequently Asked Questions

What is the cheapest GPU for AI training in 2026?

The A100 80GB SXM offers the lowest cost for production training at $1.45/hr average, down from $2.50/hr in early 2025 as supply matured. AMD MI250X is even cheaper at $1.05/hr but requires ROCm compatibility. For inference workloads, spot A100 instances can drop below $1/hr.

How fast do GPUs depreciate for loan collateral?

H100 residual values are declining 30-45% annually as H200 and B200 enter the market. A100s have already lost 60-70% of original value. Private credit underwriters typically use 24-month residual curves for DSCR modeling. Our GPU Residual Value Calculator provides model-specific depreciation estimates.

Should I lease or buy GPUs for AI workloads?

Lease for training bursts under 18 months or when the next-gen transition (H100 → B200) makes ownership risky. Buy when utilization exceeds 70% over 24+ months and you can absorb residual risk. Sale-leaseback structures let operators extract capital from owned hardware while retaining use.

What is the H100 vs H200 vs B200 performance difference?

H200 offers 1.4-1.9x inference throughput over H100 via HBM3e memory (141GB vs 80GB) at similar training performance. B200 (Blackwell) targets 2x training and 5x inference performance vs H100 with 192GB HBM3e. Price-performance ratios shift at scale — compare using our GPU comparison tools.

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