[SMM Computing Power Flash] Southwest 256 units of Pro 6000D, three-year closed contract, monthly rent 32,000 all-inclusive

SMM learned that an online cloud PC platform announced a single-period configuration, equipped with an RTX 5070, 32G of memory, and a 2.5G network card, with a device procurement price of 15,500 yuan and a rated power of 350 watts. SMM believes that cloud PCs, with their low power density, are entering cloud gaming, inference, and office scenarios, diverging from the path of high-power intelligent computing cabinets.

SMM learned that over ten units of NVIDIA DGX Spark are available for spot sale in South China, priced at 42,500 yuan per unit. The seller said the price is in line with industry norms. On September 20, a large supplier quoted 37,000 yuan for the same model, making this deal 5,500 yuan higher, a 14.9% increase. This model is a desktop-grade AI device positioned for local model deployment. SMM believes the price hike has spread from data center hardware to desktop devices, and the scope of price linkage for computing power equipment is expanding.

Among the 19 indices today, only the H20-96G Beijing-Tianjin-Hebei index was adjusted: the lowest monthly rental dropped 2.56% to 38,000 yuan, the lowest per-card hourly rate dropped 2.51% to 6.6 yuan, and the average monthly rental dropped 1.16% to 42,500 yuan, while the upper bound remained flat at 47,000 yuan. This is mutually corroborated by the quoted price of 38,000 yuan including cabinet and electricity for three H20 96G units in North China. A leading cloud producer is expanding its inference resource pool, requiring customs declarations, proof of ownership, and direct contracts with the cargo party. Direct contracting bypasses intermediaries, which may compress the intermediary markup of 1,000 yuan per H-series unit per month. The expansion of inference resources is shifting from volume grabbing to quality control.