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 April 20, 2026

Signwl ResearchApril 21, 20262 min read

Blended GPU compute costs rose 1.5% this week across major cloud providers, led by ALVEO_U30's 52.2% gain.

Top Movers

GPUBlended PriceWoW ChangeClass
ALVEO_U30$0.06/hr▲ 52.2%General
TPU_V5LITEPOD$0.18/hr▲ 3.2%General
B200$7.56/hr▲ 1.9%Training
VIRTEX_VU9P$0.94/hr▲ 1.6%General
L40S$1.33/hr▲ 0.7%Inference
V100 32GB$1.55/hr▼ 0.7%Training
VIRTEX_VU47P$0.52/hr▲ 0.7%General

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

Training vs Inference

Training-class GPU pricing held steady this week (avg $4.30/hr, +0.1% WoW), while inference-class pricing held steady (avg $0.52/hr, +0.1% WoW).

The training-to-inference price ratio stands at 8.3x — stable 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: Asia Pacific

Asia Pacific trades at a 18% premium to global averages this week, with 31 GPU types available across the region. The most expensive GPUs in the region are GB200 ($14.87/hr), H200 ($10.12/hr), TRAINIUM ($6.73/hr). The 18% regional premium reflects regional demand dynamics.

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

Implications

For cloud buyers: Europe continues to offer the lowest average GPU pricing ($2.23/hr blended average). For workloads with regional flexibility, the gap between Europe and Middle East is $1.85/hr — a 83% premium. Compare regional pricing →

For semiconductor analysts: GPU pricing trends remain broadly stable this week. H100 (+0.1% WoW) and MI300X (+0.0% WoW) are tracking within normal ranges. Blackwell (B200) blended pricing at $7.56/hr (+1.9% 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 April 20, 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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