[SMM Computing Power Express] The industry standard intermediary fee for the 4090 series models defaults to an additional 300 yuan per unit per month.

SMM has learned that a default industry practice has gradually emerged in the intermediary channel for computing power leasing—a monthly intermediary fee of approximately 1,000 yuan per machine, a rule that is generally applied to H-series models (e.g., H100/H200). The intermediary fee, as a channel matchmaking cost, is added on top of the base rent. SMM believes that the solidification of intermediary fees for high-end H-series models will raise lessees' overall computing costs and also reflects the channel scarcity premium for top-tier models.

Abstract: August 11, a cluster released 8 relocatable H100 servers, with a monthly rent of 72,000 yuan per unit and a three-year minimum lease; A100 80G server channel tax-inclusive quotation of 1.34 million yuan per unit, valid for only 3 days.

SMM learned that a computing cluster in South China released the rental resources of 2 IB-networked A100 80G servers, with a monthly rent of 35,000 yuan per unit and a minimum one-year lease (long-term agreement). These resources are aimed at high-bandwidth interconnection needs such as large model training, and IB networking can support low-latency communication for multi-machine distributed training. SMM believes that the release of a small batch of high-end GPUs in the form of a long-term agreement reflects the resilience of training computing power demand in South China.