GPU Rental Prices Rose 2.2% in October 2026 as Compute Stocks Fell 15.6%
Every day we record what clouds and GPU marketplaces charge to rent data-center GPUs, per GPU per hour. Our GPU rental index follows the on-demand rates for the H100, H200, B200 and A100 80GB like for like: each provider's price for each card is compared only with its own previous quote, so a provider joining or leaving never moves it.
In October 2026 the index rose 2.2%, while an equal-weight basket of the eight compute stocks on our AI buildout tracker fell 15.6%. The index stood at 108.7, against 100 on 2026-07-14, when our price history begins.
Rental Prices Against the Stocks
Card by Card
| GPU | Cheapest on demand, end of month | Providers | Change, like for like |
|---|---|---|---|
| B200 | $5.98/hr | 6 | +5.6% |
| H200 SXM | $3.59/hr | 5 | +4.7% |
| H100 SXM | $2.40/hr | 7 | -2.3% |
| A100 80GB | $1.00/hr | 7 | +2.3% |
| L40S | $0.73/hr | 6 | +1.8% |
| RTX 4090 | $0.34/hr | 2 | -5.2% |
The Compute Stocks
| Stock | Change in the month |
|---|---|
| MSFT | +1.8% |
| AMZN | -3.5% |
| ORCL | -4.8% |
| NVDA | -10.4% |
| AMD | -17.5% |
| GOOGL | -18.7% |
| NBIS | -34.7% |
| CRWV | -37.0% |
How We Measured
Prices come straight from the clouds and marketplaces that rent the cards, on demand, divided by the GPUs in each instance. A provider's cheapest offer for a card is one price line; marketplace medians built from fewer than three offers are left out. The daily figures are on our GPU price tracker.
Data: Frenzy Capital. Stock prices are closing prices. This post is for information only and is not investment advice.
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