Nvidia’s ( NVDA ) H200 GPU rental prices fell nearly 40% in three weeks, dropping from $7 to $4 an hour. The retracement and testing issue of the lack of AI is strengthening the long-term risk near NVDA shares.
NVDA closed at $214.25 on May 28 ahead of the latest reading from the Ornn Compute Price Index. Spot’s softening of old Hopper chips is feeding new investor skepticism about the hyperscaler’s strong demand.
Old Silicon Weighs in on the Nvidia Bull Case
The H200’s drop follows Nvidia’s move. Blackwell B200 and GB200 chips are priced like Hopper’s regular neocloud, at Orn.
The old GPU smoothing results in a high level of performance that drops to a permanent deficit later on Nvidia earnings.
“The rental price of Nvidia H200 fell from $ 7 / h to $ 4 / h in three weeks. A drop of -40% in the price of the most expensive in the technology,” analyst Thierry Borgeat of Arvy lighting fixtures.
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Researchers Are Motivated by NVDA
Wall Street hasn’t changed yet. Wedbush’s Dan Ives maintained his Outperform rating with a $300 target, citing AI capex boom. The consensus among 43 analysts is around $304, which means 43% upside.
The biggest change is at the customer level. The analysis of the Financial Times made that from 2025 to 2030 AI returns at -9.2% for Microsoft and -28.8% for Meta.
Maths is empowering AI bubble fear like hyperscaler free cash flow to tighten.
Nvidia posted $81.6 billion in revenue last quarter for 85% growth.
While the H200’s redesign won’t break the concept itself, the hands have a new price tag that’s heading to the next level.
A note Nvidia’s Most Valuable Chip Just Dropped 40% in Price: Why It’s Bad News for NVDA Stock appeared for the first time BeInCrypto.
