[SMM Computing Power Express] An operator quoted a monthly price of 100,000 yuan for H100 including electricity, and another operator, after inquiring, deemed the price spread too large.

Published: Jul 14, 2026 17:50

Save

SMM learned, on July 14, when an east China operator quoted a price, it pointed out that the equipment must be placed in its data center, including electricity costs at 100,000 yuan/month/unit. Another east China operator indicated that it needed 12 H100 units and could locally find a price of 78,000 yuan/month, considered the 100,000 yuan quotation "unworkable," and proposed a plan to co-build a cluster and share profits to offset revenue, but was rejected by the supplier. SMM previously learned that the mainstream quotation range for H100 in the market was 75,000-80,000 yuan/month/unit, with a significant price spread between operators in different regions.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

[SMM Computing Power Flash] A100-40G bare metal quotation reaches 12,000 yuan

SMM learns that on July 15, a quotation from an IDC service provider in Sichuan showed that the bare metal monthly rental for an A100-40G eight-card server was quoted at 12,000 yuan, representing a price difference of about 36% compared to the cloud server market price of 8,800 yuan/month. During the same period, the A100-80G was quoted at 35,000–38,000 yuan/month, maintaining the upper end of the price range seen in early July; the 4090 eight-card monthly rental was quoted at 8,000 yuan/month, positioned in the neutral-to-upper part of the market range; the price of the Huawei Ascend 910B2 remained unchanged from the previous inquiry, still at 20,000 yuan/month.

Common.Time.hoursAgo

Jul 14, 2026 18:14

[SMM Computing Power Daily] Operator’s H100 Quotation of 100,000 Including Electricity Sparks Controversy, High-End Computing Power Whole-Machine Rental Demand Hard to Match

An operator quoted 100,000 per month per unit for H100, including rack and electricity, while another operator received a quote of 78,000 and considered the price spread too large; a colleague from an internet company referred the needs of two clients (outright purchase of H20/L20 units plus leasing of 12 high-end complete computing servers), but matching high-end computing power proved difficult; a leading non-ferrous metals company has locked in a long-term computing power agreement, with demand steady and firming; liquid-cooling stainless steel materials have achieved mass production and supply, yet they have not reached the threshold for capacity expansion; for domestic GPUs, official supply is ample while channel supply remains tight, with capacity tilted toward large clients.

Jul 14, 2026 18:14

Jul 13, 2026 19:04

[SMM Computing Power Daily] Second-hand high-end computing power sold out in two to three days, and the price per unit of high-end computing power has risen to about 13 million.

July 13: About 20 near-spot units of high-end computing power sold out within two to three days; China data centers dismantling H100s to upgrade high-end computing power boosted secondary distribution supply; another high-end eight-card server’s per-unit price rose from about 9 million to about 13 million, with incoming stock absorbed within no more than a week; transactions were dominated by trust rather than going to the highest bidder, and intermediaries commonly added layer-upon-layer markups.

Jul 13, 2026 19:04