[SMM Computing Power News] 128 H200 near-spot units quickly leased out, channel quoted at 127,000 yuan per unit per month

Summary: The composite index closed at 17.194 yuan/card-hour, flat from the previous day and down 6.8% from the post-holiday high of 18.456 on October 14, with all 19 benchmark rates holding steady. On the price collection side, two high-end card leads at scale: a batch of 128 H200 units as near spot cargo (delivery in about 20 days including transportation) was confirmed leased at a channel-quoted 127,000 yuan/unit/month, while another batch of 256 relocatable units from the previous day was also unavailable during the same period; a batch of 128 H100 units under a five-year closed contract was listed in Shenzhen at 82,000 yuan/unit/month. Both quotes include 6% VAT. Stability on the surface coexists with tight supply.

SMM has learned that an H100 leasing listing has recently appeared, involving 128 units with a five-year closed-end lease term, quoted at 82,000 yuan per unit per month. The equipment is located in Shenzhen, with an agreement to conduct on-site testing after contract signing. The supplier is a channel distributor with relatively strong corporate qualifications. The quoted price includes 6% VAT. [For details, contact: Computing Power Analyst Li Siming 021-51666774]

The purchase side kept raising prices. From October 10 to 12, bids for 5090 fan cards from the same buyer rose from 50,500 yuan to 51,500 yuan per card, an increase of about 2.0%. The rental side showed divergence. From October 8 to 13, the highest price for short-term 5090 rentals rose from 3.45 to 4.50 yuan per card per hour, up 30.4%; the monthly rental range did not widen, but the average price has already moved up. SMM note: Are higher purchase prices keeping some existing cards temporarily in the circulation chain, delaying their return to the rental market? This explanation still needs to be verified through trading volume, source of goods, and the number of cards available for rent.