[SMM Computing Power Flash] The high-end computing power market is quoted at around 14 million yuan per unit, and buyers consider the price to be on the high side.

SMM learned that a first-hand owner in Shiyan, Hubei, recently released one NVIDIA H200 141G NVLink eight-card server rental resource, configured with 8480×2/2T DDR5/H200 141G×8/ConnectX-7 series 200G and 400G IB network cards, with a monthly rent quoted at 130,000 yuan per unit, a two-year contract, one month deposit plus one month rent upfront, and delivery can be completed within 3–5 days after deposit payment. SMM previously learned that in South China, a first-hand H200 PCIe eight-card resource was also quoted at 98,000 yuan per month under a three-year closed contract. Both locations feature direct signing with first-hand sources, without intermediary markups. The NVLink version, with high interconnect bandwidth, offers significant advantages in large-scale training scenarios. The concentrated release of first-hand directly signed supply may be the reason for its higher price.

SMM has learned that an IDC service provider in Hangzhou reported that the current purchase price of an A100-80G eight-card server is about 1.17 million yuan per unit (with warranty), and the rental market price is about 38,000 yuan per unit per month; for the A100-40G, due to its relatively small video memory and limited training scenarios, the monthly rental quote is relatively cheap, at about 11,000-13,000 yuan per unit per month. The service provider stated that the purchase price of the A100-80G has risen from about 700,000 yuan in May to the current approximately 1.2 million yuan. Currently, all self-used equipment has been rented out, and demand for A100 remains robust. The rapid price rise reflects that spot A100-80G resources remain in a tight state.

The lowest monthly rent for H100 in the western region edged down to 72,000 yuan (down 1.37%), while the domestically produced Sugon 8000 cluster entering service stirred up the existing expiring NVIDIA resources, but the highest price of 79,000 yuan remained unchanged, and the high-price pattern holds. Occasional low prices are a bargain-hunting window, not a trend reversal. Information in the computing power rental market is transmitted through personal networks, lacking an efficient unified platform, and the industry calls for a transparent information ecosystem.