GPU rental rates crash as supply surges: H100 SXM falls below $2.50/hr on alternative clouds

SumitGup · x · 2026-11-02

GPU rental prices are plunging as supply surges: Blackwell scaling pushes H100/A100 rates down, while Neoclouds and P2P platforms (Lambda, RunPod, Vast) undercut hyperscalers by 50%+. AMD MI300 and ASIC competition adds pressure. H100 SXM rates have dropped below $2.50/hr on alternative clouds — "scarcity is over," the author writes.

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