Nvidia B200 GPU Rental Price Falls to $4.22/Hour, Down 31% Since May Peak

According to GPU price tracker Ornn, Nvidia's flagship B200 chip rental price has declined since May. The hourly rental cost peaked at $6.11 on May 30 but dropped to $4.22 by June 21. Traders on prediction market Kalshi are betting the price will struggle to reclaim the May high.

Meanwhile, Nvidia stock has lagged the semiconductor sector, falling 3% over the past month while the VanEck Semiconductor ETF gained 15%. Capital has shifted toward memory suppliers Micron and SanDisk, both up roughly 60% in the same period. However, large tech companies continue driving demand; Google recently agreed to pay SpaceX $920 million monthly for AI compute access through June 2029, using approximately 110,000 Nvidia GPUs, signaling sustained infrastructure investment.