Infineon Opens $5B Smart Power Fab in Dresden, Doubling Capacity Ahead of Schedule

July 8: 32 units of spot H100 in Inner Mongolia quoted at 80,000 yuan per month, 64 units in Xinjiang to go online in August; two large orders of 128 H100 units surfaced, suppliers said "no one in the market can supply"; operators bid 65,000–68,000 yuan per month for H100, a price spread of over 10,000 yuan from the market; RTX 4090 24G traded at 7,000 yuan, near the low end

SMM has learned that two large orders for leasing 128 H100 eight-GPU servers have appeared in the market recently. A buyer in Hangzhou, besides H100, also inquired about higher computing power, with the budget undisclosed; another buyer is negotiating with a supplier in Inner Mongolia. The supplier holds 64 H100 servers spot and offered 80,000 yuan, which the buyer considers high. Both demand orders are for 128 H100 servers, but a certain intelligent computing service provider reported that no single supplier in the current market can deliver 128 H100 servers in a cluster. Meanwhile, industry insiders pointed out that 128 H100 servers far exceed the needs of the commonly used large model DeepSeek V4pro full-blooded version. Based on the above information, SMM believes that there is a significant discrepancy between the reported demand and actual demand in the current market.

SMM learns that an intelligent computing cloud service provider recently transacted a 4090 24G eight-card server at 7,000 yuan per unit per month. According to SMM's tracking, the current market quotation range for 4090 servers is 6,800-8,800 yuan per unit per month, with the transaction price close to the low end of the range. The service provider said, "No choice." Previously, channel feedback indicated that scattered rental platforms were willing to offer about 6,000-6,300 yuan for renting 4090 servers, and the price spread between sellers and buyers is still in a tug of war.