Week 25: Price of NVIDIA's H200 compute at end of week?
Short Answer
1. Market Behavior & Drivers
- U.S. approval of H200 chip sales to China notably increased demand expectations. Specific providers and hyperscalers offer H200 compute at higher market rates. Specialist providers often offer lower H200 on-demand rates than public clouds. NVIDIA's H2 2026 next-gen rollout is expected to impact H200 rental prices. * Upcoming catalysts for late June 2026 include the Vera Rubin platform ramp.
Current Context
Sources (9)
- 1NVIDIA H200 cloud price per hour — from $4.50/GPU-hr · GPU Cost Comparegpucostcompare.com
- 2H200 Cloud Pricing — Compare 13+ Providers (2026)gpufinder.dev
- 3H200 GPU Pricing & Specs (Compare 10+ Providers)computeprices.com
- 4NVIDIA H200 Price Comparison (June 2026) - Thunder Computethundercompute.com
- 5H200 GPU Cloud Pricing 2026 — From $2.99/hr, 10+ Providersgridstackhub.ai
- 6Nvidia H200 GPU rental rates fall 40 percent in three weeks, raising questions over AI chip scarcitydigitaltoday.co.kr
- 7H200 GPU Rental Prices in 2026: The Blackwell Supply Shock Behind 40% Drop - Sesame Disksesamedisk.com
- 8H200 GPU Rental Prices: Will June End at $3-$4?lines.com
- 9Price of NVIDIA H200 compute by Jun 30, 2026? · Above $2.19 99% — Kalshi oddspdata.world
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📈 June 17, 2026: 46.0pp spike
Price increased from 0.0% to 46.0%
Outcome: Above $3.50
Sources (4)
- 1Nvidia (NVDA) Stock Gains 2.3% as U.S. Approves H200 Chip Sales to Chinese Companies - BitRss - Crypto World Newsbitrss.com
- 2NVDA — NVIDIA Corp | $204.65 on Jun 17, 2026exa.ai
- 3Nvidia stock dips as $25 billion bond sale spikes AI debt marketts2.tech
- 4NVIDIA Stock Falls as $25 Billion Bond Sale Draws $85 Billion in Investor Ordersanalyticsinsight.net
4. Market Data
Contract Snapshot
The market resolves "Yes" if the value of NVIDIA H200 compute per hour is above $3.50 at 4 PM ET on June 19, 2026; otherwise, it resolves "No." Resolution is based on data reported by Ornn (dashboard.ornnai.com). If specific data is not published, the most recently available data will be used, and revisions made after expiration will not be accounted for.
Market Discussion
NVIDIA H200 cloud rental prices have experienced significant volatility in Q2 2026, with on-demand rates ranging from $2.50 to $7.00 per GPU-hour following a reported ~40% decline in some segments throughout May [1][2][3][4]. Prediction market sentiment as of mid-June 2026 indicates skepticism that rental prices will remain in the lower $3.00–$4.00/hour band, with participants expecting rates to stabilize outside this range or fluctuate based on hyperscaler availability and Blackwell supply absorption [5][6][7][3]. The H200 market is characterized as transitioning from an acute shortage to a more segmented, quota-driven environment where hardware is differentiated by workload-specific software and provider infrastructure [8][9].
Sources (9)
- 1H200 Price in 2026: OEM, Cloud, and Total System Cost | Mercatus Blogmercatus-ai.com
- 2NVIDIA H200 SXM Price & Specs 2026 – Buy vs Rentgpucost.org
- 3H200 GPU Rental Prices in 2026: The Blackwell Supply Shock Behind 40% Drop - Sesame Disksesamedisk.com
- 4Nvidia H200 GPU rental rates fall 40 percent in three weeks, raising questions over AI chip scarcitydigitaltoday.co.kr
- 5H200 GPU Rental Prices: Will June End at $3-$4?lines.com
- 6Price of NVIDIA H200 compute by Jun 30, 2026? · Above $2.19 99% — Kalshi oddspdata.world
- 7NVIDIA H200 Compute Price Up or Down by Jun 5, 2026? | Prediction Markets | Coinbasecoinbase.com
- 8June 2026 GPU Capacity Update: Spot Pricing, Quotas, and Market Insights - Sesame Disksesamedisk.com
- 9NVIDIA GPU Shortage 2026: Who Controls AI Compute - NeuralWiredneuralwired.com
5. What effect could new U.S. export controls on AI hardware, potentially announced in mid-2026, have on the global availability and pricing of H200-level compute?
| H200 Export Tariff & Remittance | 25% remittance to U.S. government, 25% Section 232 tariff on foreign purchases [1][2][3] |
|---|---|
| Non-U.S. H200 Pricing Premium | Often 25% higher than U.S. equivalents [1][3][4] |
| H200 On-Demand Price Range | $2.40 to $4.00 per GPU-hour (mid-June 2026) [4][5] |
Sources (8)
- 1Trump Splits China Chip Policy: H200 Allowed, Blackwell Banned March 2026 | Abhishek Gautamabhs.in
- 2The Great Chip Pivot: Why Washington Approved NVIDIA H200 Exports to China in 2026 | technology | informed, clearlyinformedclearly.com
- 3Trump's 25% Chip Tariff on H200 and AMD MI325X: What Developers Pay in 2026 | Abhishek Gautamabhs.in
- 4NVIDIA H200 Price Comparison (June 2026) - Thunder Computethundercompute.com
- 5H200 GPU from $1.40/hr | Compare 24+ Providers | ComputePrices.comcomputeprices.com
- 6Guidance Regarding Enforcement of License Requirements for Advanced Computing Items for Entities Headquartered in Country Group D:5 and Macau [May 31, 2026] The Department of Commerce, Bureau of Industry and Security (BIS) is issuing this guidance to clarify that a license is required to export advanced computing items to entities headquartered in Country Group D:5 (see supplement no. 1 to part 740 of the Export Administration Regulations (EAR) (15 CFR parts 730-774)) or Macau or with an ultimate parent company headquartered in Country Group D:5 or Macau – even if the entities themselves are located outside Country Group D:5 or Macau. This license requirement was first introduced on November 17, 2023. It was implemented via an end-user control in § 744.23(a)(3) of the EAR and applied to all advanced computing items (e.g., those specified in Export Control Classification Numbers (ECCNs) 3A090.a and.b, 4A090.a and.b, and related.z paragraph items). In January 2025, the AI Diffusion Rule transferred the requirement for these “.a” items from § 744.23(a) into § 742.6 as part of a new worldwide license requirement. In May 2025, BIS announced that it would not be enforcing the AI Diffusion Rule’s new compliance requirements. Recently, BIS has received questions as to whether the preexisting license requirement established in November 2023 is still being enforced for “.a” advanced computing items to Country Group D:5 and Macau-headquartered entities located outside of destinations that were subject to a license requirement prior to the AI Diffusion Rule. The answer is yes. Specifically, a license requirement continues to apply under § 742.6(a)(6)(iii)(A) of the EAR to all destinations outside the United States for these advanced computing items when such items are for entities headquartered in, or whose ultimate parent company is headquartered in, Country Group D:5 or Macau. Because this license requirement predates the AI Diffusion Rule, BIS’s non-enforcement policy with respect to the destination-based license requirements for these advanced computing items under § 742.6(a)(6)(iii)(A) applies only to the extent such items are not for entities headquartered in or that have ultimate parent companies headquartered in Country Group D:5 or Macau. Exporters should continue to seek BIS licenses for such transactions, unless a license exception specified in § 740.2(a)(9)(ii) is available. Bona fide operators of data centers who are otherwise engaged in activities consistent with the EAR are not required to cease the ongoing use, storage, disposal, or servicing of advanced computing items because of this guidance, until further notice from BIS. For information regarding the submission of voluntary self-disclosures, see Section 764.5 of the EAR. For guidance on the submission of license applications, see part 748 of the EAR. ###media.bis.gov
- 7BIS Clarifies That License Requirements for Advanced Computing Items to Country Group D:5- and Macau-Headquartered Entities Remain in Force Despite AI Diffusion Rule Non-Enforcement - Global Sanctions and Export Controls Blogsanctionsnews.bakermckenzie.com
- 8BIS Publishes Guidance Regarding License Requirements for Advanced Computing Items | Insights | Holland & Knighthklaw.com
6. How do Wall Street analyst forecasts for NVIDIA's Q3 and Q4 2026 Data Center revenue reflect the price erosion of H200-era chips versus the adoption of the Blackwell platform?
| Q4 2026 Data Center Revenue Estimate | $58-60 billion (near) [1][2][3][4][5] |
|---|---|
| FY 2027 Annual Data Center Revenue Projection | $311 billion (around) [1][2][3][4][5] |
| Mid-2026 H200 Compute Price Stability | above $2.19/hour [6][7][8] |
Sources (13)
- 1Nvidia Q4 Earnings: Analysts Split on Revenue Outlook | InsiderFinanceinsiderfinance.io
- 2Nvidia earnings preview: Q4 2026 | S&P Globalspglobal.com
- 3Nvidia Earnings Guide: Record $65B Q4 Forecast Amid AI Boom | Breaking | ai | informed, clearlyinformedclearly.com
- 4NVIDIA Q3 FY2026 earnings preview: Blackwell ramp to boost data centre sales | IG SGig.com
- 5NVIDIA’s Blackwell B300 Demand Has ‘Completely | ObjectWireobjectwire.org
- 6Price of NVIDIA H200 compute by Jun 30, 2026? · Above $2.19 99% — Kalshi oddspdata.world
- 7H200 GPU Rental Prices: Will June End at $3-$4?lines.com
- 8Price of NVIDIA's H200 compute at end of week? | Prediction Marketscoinbase.com
- 9H200 GPU Rental Prices in 2026: The Blackwell Supply Shock Behind 40% Drop - Sesame Disksesamedisk.com
- 10Why NVIDIA H200 Cloud Pricing Just Surpassed B200: An Enterprise AI Shocksolutionz-it.com
- 11H200 Price in 2026: What You Actually Pay Per Hour | Barrack AIblog.barrack.ai
- 12Hyperscaler GPU Procurement 2026: H200 vs B200 vs GB200 in Honest Deployment Math: Deluair Consultancydeluair.com
- 13H100 vs H200 vs Blackwell B200: Which GPU in 2026theaiengineer.substack.com
7. How do the H200 on-demand rental rates from large-scale providers like CoreWeave and Lambda Labs compare to those from major public clouds like Azure in June 2026?
| Specialist Provider H200 Rate | Approximately $3.60-$3.80/hr (June 2026) [1] |
|---|---|
| Major Public Cloud H200 Rate | Approximately $4.20-$4.50/hr (June 2026) [1] |
| Major Public Cloud 8x H200 Node Rate | $40-$45/hr (June 2026) [2][3][4] |
Sources (10)
- 1AI GPU Cloud Costs in 2026: Best Compute Platforms Compared — Skycrumbs Blogskycrumbs.com
- 2H200 Price in 2026: What You Actually Pay Per Hour | Barrack AIblog.barrack.ai
- 3H200 GPU Cloud Pricing 2026 — From $2.99/hr, 10+ Providersgridstackhub.ai
- 4NVIDIA H200 Price Comparison (June 2026) - Thunder Computethundercompute.com
- 5CoreWeave Cloud Pricing | CoreWeavev1.docs.coreweave.com
- 6CoreWeave Cloud Pricingcoreweave.com
- 7Price of NVIDIA's H200 compute at end of week? | 预测市场| Coinbasecoinbase.com
- 8Price of NVIDIA H200 compute by Jun 30, 2026? · Above $2.19 99% — Kalshi oddspdata.world
- 9H200 GPU Rental Prices: Will June End at $3-$4?lines.com
- 10NVIDIA H200 Compute Price Up or Down by Jun 5, 2026? | Prediction Markets | Coinbasecoinbase.com
8. Which public data aggregators and market indices provide the most reliable daily or weekly tracking of H200 spot rental prices for June 2026?
| H200 Price Tracking Frequency | Daily or weekly (GPUS.io, ByteCosts, RentGPU, ComputePrices.com, MiningBoard) [1][2][3][4][5] |
|---|---|
| Specialized Indices for H200 Pricing | AxonIndex, GPU Markets, Gerra, AIMultiple's Cloud GPU Index [6][7][8][9][10] |
| Programmatic Access Sources for H200 Data | GPUs.io API, Compute Atlas, Hugging Face datasets (e.g., afhubbard/gpu-prices) [11][12][13] |
Sources (15)
- 1H200 Cloud Pricing — Compare 13+ Providers (2026)gpufinder.dev
- 2H200 GPU from $1.40/hr | Compare 24+ Providers | ComputePrices.comcomputeprices.com
- 3Rent Nvidia H200 — Live Prices Across All Providers (2026) · MiningBoardminingboard.com
- 4Rent Nvidia H200 — Hourly Cloud GPU Pricing · RentGPUrentgpu.org
- 5H200 GPU pricing: rental cost per hour by provider · ByteCostsbytecosts.com
- 6Cloud GPU Rental Price Index - AIMultipleaimultiple.com
- 7NVIDIA H200 Lease Rates (Hourly + Monthly)gpuleaseindex.com
- 8Methodology | AxonIndexaxonindex.com
- 9gpu-markets/gpumarketsgithub.com
- 10GPU Spot Pricing Intelligence - Gerragerra.com
- 11afhubbard/gpu-prices · Datasets at Hugging Facehuggingface.co
- 12SebastianBoehler/compute_atlasgithub.com
- 13GPUs.io API — programmatic cloud GPU pricinggpus.io
- 14H100 Daily & Contract Pricing Index | SemiAnalysisapi.semianalysis.com
- 15GPU Lease Rates & Pricing Benchmarks (All Models) | GLRI: AI Infrastructure Readiness Hubgpuleaseindex.com
9. How might NVIDIA's announced rollout schedule for its next-generation 'Blackwell' and 'Rubin' architectures in H2 2026 impact the residual demand and rental prices for H200 GPUs?
| H200 rental price drop | ~40% in late Q2 2026 [1][2] |
|---|---|
| Vera Rubin initial shipments | Q3 2026 [3] |
| H200 on-demand rental price range | $2.00/hr to $4.50/hr (late May/early June 2026) [4][5] |
Sources (8)
- 1H200 GPU Rental Prices in 2026: The Blackwell Supply Shock Behind 40% Drop - Sesame Disksesamedisk.com
- 2Nvidia H200 GPU rental rates fall 40 percent in three weeks, raising questions over AI chip scarcitydigitaltoday.co.kr
- 3NVIDIA Confirms Vera Rubin Launch In Q3 With Volume Ramp by Q4, As Blackwell Continues To See Massive Demandwccftech.com
- 4Where to Rent H200 GPUs: Cloud Price, Availability, and Access Compared | GMI Cloudgmicloud.ai
- 5NVIDIA H200 Lease Rates (Hourly + Monthly)gpuleaseindex.com
- 6NVIDIA’s Vera Rubin AI Platform Starts Shipping in Q3 2026, Jensen Huang Confirms - OnMSFTonmsft.com
- 7Beyond Blackwell: Preparing Enterprise Data Centers for the NVIDIA Rubin Architecture and the HBM Cruncharccompute.io
- 8H200 GPU Rental Prices: Will June End at $3-$4?lines.com
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Strike Date: June 19, 2026
- Expiration: June 26, 2026
- Closes: June 19, 2026
Sources (5)
- 1NVIDIA Corporation (NVDA) – Quantitative Market Strategy Report • Dev|Journalearezki.com
- 2NVIDIA Corporation (NVDA) Financial Prediction Report • Dev|Journalearezki.com
- 3NVIDIA Corporation (NVDA) - Quantitative Market Strategy Report • Dev|Journalearezki.com
- 4Prediction: The Second Half of 2026 Will Be a Game-Changing Moment for Nvidia | The Motley Foolfool.com
- 5Nvidia Is Down Over 10% From Its Record High. Is This the Ultimate "Buy the Dip" Moment of 2026? | The Motley Foolfool.com