A TMTPost analysis reports that H100 median rental prices fell from more than $7 per hour in early 2024 to about $3.4 by mid-2026, while some lower-end compute-node rents dropped from 30,000 yuan to below 6,000 yuan a month. It cites industry estimates that China’s intelligent-computing centers average about 30% utilization, versus continued shortages of newer Blackwell B200 cards priced above $8 per hour. The report attributes the divergence to older GPUs losing rental demand as major customers build their own clusters and model API prices fall, while supply remains uneven across locations and generations.