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
Weekly Pulse

GPU Market Pulse — Week of May 04, 2026

Signwl ResearchMay 12, 20262 min read

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Blended GPU compute costs rose 1.0% this week across major cloud providers, led by ALVEO_U30's 52.9% gain.

Top Movers

GPUBlended PriceWoW ChangeClass
ALVEO_U30$0.16/hr▲ 52.9%General
INFERENTIA2$0.19/hr▼ 9.5%Inference
TRAINIUM$1.11/hr▼ 8.3%Training
INFERENTIA$0.21/hr▲ 5.2%Inference
GAUDI$0.90/hr▲ 4.2%General
TRAINIUM2$2.68/hr▲ 3.7%Training
VIRTEX_VU47P$0.53/hr▲ 2.9%General

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

Training vs Inference

Training-class GPU pricing fell this week (avg $4.29/hr, -0.5% WoW), while inference-class pricing fell (avg $0.53/hr, -0.7% WoW).

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

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Regional Spotlight: Oceania

Oceania trades at a 22% premium to global averages this week, with 21 GPU types available across the region. The most expensive GPUs in the region are GB200 ($16.42/hr), H200 ($9.63/hr), H100 ($7.23/hr). The 22% regional premium reflects regional demand dynamics.

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

Implications

For cloud buyers: Asia Pacific continues to offer the lowest average GPU pricing ($2.14/hr blended average). For workloads with regional flexibility, the gap between Asia Pacific and Middle East is $1.95/hr — a 91% premium. Compare regional pricing →

For semiconductor analysts: GPU pricing trends remain broadly stable this week. H100 (+0.8% WoW) and MI300X (+0.0% WoW) are tracking within normal ranges. Blackwell (B200) blended pricing at $7.98/hr (+1.1% 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 →

Disclaimer

The information in this report is provided for general informational purposes only and does not constitute investment, financial, legal, tax, or other professional advice. Signwl is not a registered investment adviser. Nothing in this report is a recommendation to buy, sell, or hold any security or financial instrument. Past performance does not guarantee future results. Readers should conduct their own analysis or consult a qualified professional before making investment decisions. Signwl makes no representation regarding the accuracy or completeness of third-party data referenced.

Source: Signwl data for the week of May 04, 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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