factual

H100 prices have risen, not fallen

H100 rental prices have inflected upward, with some AI labs signing two-to-three-year deals as high as $2.40/hour for Hopper even though it costs ~$1.40/hour to build over five years—margins far above the original ~35%—because rolling-off short-term contracts let willing buyers crowd out other suppliers.

factualpending

Speaker

Dylan Patel

Evidence Quote

Now, two years in, you’re signing deals for two to three years at $2.40? Those margins are way higher.

Source

Dwarkesh Patel Podcast - Dylan Patel — Deep dive on the 3 big bottlenecks to scaling AI computeDwarkesh Patel Podcast
Created: 6/13/2026, 3:34:26 AM

My Notes

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