--- title: "AI \"computing power anxiety\" reignites! NVIDIA H100 GPU rental prices rise, Nebius and other cloud service providers respond with gains" type: "News" locale: "en" url: "https://longbridge.com/en/news/287296863.md" description: "After NVIDIA disclosed the increase in H100 GPU rental prices, AI cloud service providers Nebius, CoreWeave, and IREN Ltd saw significant stock price increases. Nebius rose by 15% and announced a power supply agreement with Bloom Energy, with a maximum payment of $2.6 billion. CoreWeave and IREN increased by over 6% and 10%, respectively. Applied Digital surged by 21.5% due to a long-term leasing agreement with a hyperscale cloud service provider. H100 rental prices increased by 20%, with continued high demand for AI computing power" datetime: "2026-05-22T02:22:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287296863.md) - [en](https://longbridge.com/en/news/287296863.md) - [zh-HK](https://longbridge.com/zh-HK/news/287296863.md) --- # AI "computing power anxiety" reignites! NVIDIA H100 GPU rental prices rise, Nebius and other cloud service providers respond with gains According to the Zhitong Finance APP, after Nvidia (NVDA.US) disclosed that the rental prices for its H100 GPUs continue to rise, the stock prices of AI cloud service providers Nebius (NBIS.US), CoreWeave (CRWV.US), and IREN Ltd (IREN.US) surged on Thursday. Nebius rose by 15% on Thursday, partly due to the company's announcement of an AI infrastructure power supply agreement with Bloom Energy. Under the agreement, Nebius will pay a monthly service fee totaling up to $2.6 billion for the capacity and electricity of the power supply system. On Thursday, CoreWeave closed up over 6%, and IREN closed up over 10%. Applied Digital (APLD.US) surged by 21.5%, as the company announced a long-term leasing agreement for data center facilities with an unnamed hyperscale cloud service provider, involving its newly built high-performance computing campus in Texas, USA. As of Thursday's market close, CoreWeave and IREN have risen over 50% year-to-date, Nebius has risen over 160% year-to-date, and Applied Digital has risen 96% year-to-date. **H100 GPU rental prices rise, reigniting AI "computing power anxiety"** Nvidia's Chief Financial Officer Colette Kress stated during the company's earnings call, "Since the beginning of this year, the rental price of the H100 has increased by 20%, while the price of A100 cloud services has risen by nearly 15%. Thanks to the versatility of our platform and the continuous performance improvements brought by our software stack, customers can achieve substantial returns after the depreciation period of the GPUs." Due to the sustained high demand for AI GPUs, Nebius recently announced that the on-demand rental price for the H100 GPU will increase from $2.95 per hour to $3.85 per hour. The H100 GPU was released in April 2022 and is part of Nvidia's Hopper series of GPUs. The company has fully ramped up production of the Blackwell series GPUs, and the next-generation AI acceleration chip, Vera Rubin, is expected to begin production and shipping in the second half of this year. Reportedly, the Vera Rubin chip is positioned for high-performance computing (HPC) and large-scale AI training scenarios, with initial customers locked in as leading North American cloud service providers such as Amazon AWS and Microsoft Azure. This chip aims to fill the computing power gap between the existing H100 series and future ultra-large-scale model demands, further consolidating Nvidia's dominant position in the data center AI chip market. Kress expressed confidence in the company's revenue forecast of $1 trillion from the combined Blackwell and Rubin chips from 2025 to 2027. Nvidia's CEO Jensen Huang even stated that the market performance of the Vera Rubin chip may surpass that of the Blackwell series. It is noteworthy that the global supply-demand conflict for AI computing power continues to intensify, and "computing power anxiety" has become a core pain point for leading enterprises. Elon Musk stated in March that the computing power demand from his companies, including Tesla and SpaceX, will ultimately exceed the total global chip production capacity To this end, Musk announced the creation of the "Terafab" chip complex in Austin, Texas. Meanwhile, SpaceX recently included "in-house GPU production" in its list of "major capital expenditure projects" in its disclosed listing documents, bringing AI computing power anxiety to the forefront. **The outlook for the computing power sector is positive, but there are differing opinions on individual stocks** Despite the optimistic outlook for the computing power leasing market, Wall Street analysts have differing views on related stocks. On Thursday, GF Securities initiated coverage on CoreWeave with a "Buy" rating and a target price of $162. GF Securities analyst Michelle Jing wrote in a report to clients: "With its first-mover advantage in GPU deployment, unique positioning focused on the AI sector, industry-leading operational efficiency, and long-term agreements with leading AI hyperscale cloud providers, CoreWeave is expected to become a long-term winner in the booming wave of AI infrastructure." Investment bank D.A. Davidson, on the other hand, gave CoreWeave a "Neutral" rating, lowering its target price from $175 to $100, and assigned a "Neutral" rating to Nebius with a target price of $250. D.A. Davidson analyst Gil Luria stated that the firm's attitude towards CoreWeave has undergone a drastic shift, and maintaining a neutral stance is a balanced judgment. On one hand, the outlook for the computing power industry is positive, and CoreWeave has become a core player; on the other hand, its profit margins are weak, it is highly reliant on debt financing, its ability to realize profits is questionable, and insider selling is also a cause for concern. The valuation logic for Nebius is different. Luria believes it should enjoy a premium valuation, but short-term upside is limited. "Since it was first covered over a year ago, Nebius's stock price has significantly outperformed the market, growing from a marginal target to a core asset in AI trading. 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