[SMM Computing Power Express] 128 Units of 5090 Futures Delivered in Batches; Lessor Explores a Five-Year Long-Term Agreement

Published: Aug 18, 2026 12:26

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SMM learned that an operator in east China has been receiving deliveries of 128 units of RTX 5090 futures in batches. Since late June, SMM has been tracking the delivery status; to date, contract performance has been normal, with more than 40 units delivered. The expected price for a three-year contract lease is 13,000 yuan per unit per month. The lessor is also exploring a five-year long-term agreement model. SMM believes that the stable performance of 5090 leasing futures, together with the exploration of five-year long-term agreements, indicates that suppliers are promoting the evolution of computing power leasing toward quasi-commoditization and longer-term lock-in.

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