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 26, 2026

Signwl ResearchJanuary 27, 20262 min read

Blended GPU compute costs rose 0.6% this week across major cloud providers, led by TRAINIUM2's 25.4% gain.

Top Movers

GPUBlended PriceWoW ChangeClass
TRAINIUM2$2.05/hr▲ 25.4%Training
ALVEO_U30$0.05/hr▼ 24.9%General
RTX PRO 6000$0.49/hr▼ 17.2%General
TPU_V6E$0.66/hr▲ 14.8%Training
GAUDI$0.69/hr▲ 12.9%General
MI25$0.24/hr▲ 12.6%General
INFERENTIA2$0.09/hr▼ 12.3%Inference

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 $4.19/hr, +2.9% WoW), while inference-class pricing fell (avg $0.51/hr, -1.8% WoW).

The training-to-inference price ratio stands at 8.2x — 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: Oceania

Oceania trades at a 17% premium to global averages this week, with 20 GPU types available across the region. The most expensive GPUs in the region are GB200 ($16.42/hr), H200 ($10.89/hr), H100 ($7.44/hr). The 17% regional premium reflects regional demand dynamics.

For detailed pricing data across all Oceania 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 $2.36/hr — a 119% premium. Compare regional pricing →

For semiconductor analysts: GPU pricing trends remain broadly stable this week. H100 (-0.3% WoW) and MI300X (+0.3% WoW) are tracking within normal ranges. Blackwell (B200) blended pricing at $7.14/hr (-1.8% WoW) provides an early read on next-generation adoption curves. View all GPU profiles →

For GPU investors: Stable pricing supports predictable returns for existing deployments. Model scenarios with the GPU ROI Calculator →

Source: Signwl data for the week of January 26, 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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