H100$6.39/hr 1.2% 7d
A100 80GB$2.45/hr 0.5% 7d
H200$10.29/hr 0.8% 7d
L40S$1.28/hr 0.3% 7d
T4$0.24/hr 0.6% 7d
L4$0.45/hr 1.1% 7d
H100$6.39/hr 1.2% 7d
A100 80GB$2.45/hr 0.5% 7d
H200$10.29/hr 0.8% 7d
L40S$1.28/hr 0.3% 7d
T4$0.24/hr 0.6% 7d
L4$0.45/hr 1.1% 7d
Weekly Pulse

GPU Market Pulse — Week of January 19, 2026

Signwl ResearchJanuary 20, 20262 min read

Blended GPU compute costs rose 1.1% this week across major cloud providers, led by TRAINIUM's 48.2% gain.

Top Movers

GPUBlended PriceWoW ChangeClass
TRAINIUM$0.80/hr▲ 48.2%Training
INFERENTIA2$0.10/hr▼ 16.0%Inference
MI25$0.21/hr▼ 7.3%General
GAUDI$0.61/hr▲ 6.9%General
INFERENTIA$0.20/hr▼ 2.4%Inference
T4G$0.16/hr▼ 1.8%General
V100 32GB$1.51/hr▲ 1.6%Training

Blended pricing = average of spot, on-demand, and 1-year reserved rates across major cloud providers.

Training vs Inference

Training-class GPU pricing rose this week (avg $4.17/hr, +3.2% WoW), while inference-class pricing fell (avg $0.52/hr, -1.8% WoW).

The training-to-inference price ratio stands at 8.1x — widening compared to last week. The elevated spread suggests strong demand for training compute relative to inference, consistent with ongoing large model training activity.

Regional Spotlight: Middle East

Middle East trades at a 23% premium to global averages this week, with 12 GPU types available across the region. The most expensive GPUs in the region are GB200 ($21.67/hr), H200 ($12.46/hr), H100 ($7.34/hr). The 23% regional premium reflects emerging infrastructure and limited provider competition.

For detailed pricing data across all Middle East sub-regions, see the full regional profile.

Implications

For cloud buyers: Europe continues to offer the lowest average GPU pricing ($1.98/hr blended average). For workloads with regional flexibility, the gap between Europe and Middle East is $2.38/hr — a 120% premium. Compare regional pricing →

For semiconductor analysts: GPU pricing trends remain broadly stable this week. H100 (-0.5% WoW) and MI300X (-0.0% WoW) are tracking within normal ranges. Blackwell (B200) blended pricing at $7.27/hr (+1.1% WoW) provides an early read on next-generation adoption curves. View all GPU profiles →

For GPU investors: Rising rental rates are improving returns for existing GPU deployments. Model scenarios with the GPU ROI Calculator →

Source: Signwl data for the week of January 19, 2026. All prices are GPU-only (excluding CPU, RAM, networking), blended across spot, on-demand, and 1-year reserved rates from major cloud providers.

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