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 February 02, 2026

Signwl ResearchFebruary 3, 20262 min read

Blended GPU compute costs remained stable 0.1% this week across major cloud providers, led by ALVEO_U30's 31.2% decline.

Top Movers

GPUBlended PriceWoW ChangeClass
ALVEO_U30$0.03/hr▼ 31.2%General
TRAINIUM2$2.37/hr▲ 15.6%Training
GAUDI$0.78/hr▲ 14.1%General
TRAINIUM$0.98/hr▲ 13.3%Training
RTX PRO 6000$0.55/hr▲ 12.1%General
MI25$0.22/hr▼ 8.8%General
INFERENTIA2$0.08/hr▼ 8.4%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 $4.21/hr, +1.6% WoW), while inference-class pricing fell (avg $0.51/hr, -1.3% 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: South America

South America trades at a 34% premium to global averages this week, with 19 GPU types available across the region. The most expensive GPUs in the region are GB200 ($23.02/hr), H200 ($14.82/hr), H100 ($7.67/hr). The 34% regional premium reflects emerging infrastructure and limited provider competition.

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

Implications

For cloud buyers: Europe continues to offer the lowest average GPU pricing ($1.99/hr blended average). For workloads with regional flexibility, the gap between Europe and Middle East is $2.06/hr — a 104% premium. Compare regional pricing →

For semiconductor analysts: GPU pricing trends remain broadly stable this week. H100 (-0.9% WoW) and MI300X (-0.6% WoW) are tracking within normal ranges. Blackwell (B200) blended pricing at $7.19/hr (+0.7% 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 February 02, 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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