[SMM Tin tức Sức mạnh Tính toán] Module 8 card H20 miền Nam Trung Quốc giá giao ngay 1,4 triệu nhân dân tệ mỗi bộ

SMM has learned that lessors in east China report a severe mismatch between supply and demand prices for the Pro 6000, with buyers bidding low while holders ask high, making deals increasingly difficult to close. The model was previously leased at 35,000–37,000 yuan per unit per month, a level buyers have clearly been reluctant to accept. Compared with the 5090, the Pro 6000's core advantage lies in its memory specifications, which can support inference deployment for larger-parameter models, yet the monthly rental price spread between the two generally exceeds 18,000 yuan. SMM believes the memory advantage has not yet translated into cost-effectiveness recognized by lessees, and the price discovery process remains in a tug of war, making a near-term volume increase unlikely.

SMM learned that from September 1 to September 4, the RTX 5090 single-card US dollar quote rose from $5,350 to $5,600, an increase of $250 or 4.7% over four days, with market expectations seeing a further rise to $6,000 per card. Over the same period, the RMB-denominated channel moved up in tandem, with the South China turbo version rising from 40,800 yuan per card in mid-August to 43,500 yuan per card, an increase of 6.6%. SMM believes that the two channels in local and foreign currencies saw similar gains and moved in the same direction, and that the price increase was driven mainly by the supply side rather than regional arbitrage. If the $6,000 expectation materializes, there is still 7.1% upside from the current level.

Indices moved sideways across the board today. The 5090 rose in sync at home and abroad: the dollar quote gained 4.7% over four days to $5,600, with some eyeing $6,000, while the South China turbo version climbed to 43,500 yuan per card (+6.6%), driven by supply rather than regional arbitrage. Supply-demand price divergence for the Pro 6000 is widening, with rental quotes of 35,000–37,000 yuan per month seeing limited acceptance and a spread of more than 18,000 yuan versus the 5090; price discovery remains in a tug of war. If the 5090's rally continues and the spread narrows, it could open up demand space for the Pro 6000.