📉
Blackwell cost inflection detected
B200 pricing just had its first meaningful week-over-week decline (-4%). This is the inflection point where Blackwell shifts from scarce/premium to cost-competitive with H100 for inference workloads. Track the full index at gridstackhub.ai/gpu-pulse-stack

Blackwell Deep Dive: B200 / B300 / GB200

Blackwell GPU Index — Week 24
Blackwell-first

Blackwell pricing continues its slow descent as cloud providers bring more B200 and GB200 inventory online.

GPU Provider On-Demand WoW Change Memory
B200 192GB Vultr $2.79/hr -4% 192GB HBM3e
B200 192GB Lambda Labs $3.05/hr -2% 192GB HBM3e
GB200 NVL72 CoreWeave $7.40/hr Flat 1.44TB HBM3e
B300 144GB Lambda Labs $2.45/hr NEW 144GB HBM3e
Supply context: NVIDIA's B200 supply chain constraints are easing — Vultr and Lambda both expanded Blackwell availability in Q2 2026. GB200 NVL72 remain scarce and expensive, primarily on CoreWeave. B300 (Blackwell Ultra) is the new entrant this week with Lambda Labs, priced between B200 and GB200.

Full GPU Index

GPU Cheapest Provider On-Demand 1-yr Commit Memory
GB200 NVL72 CoreWeave $7.40/hr 1.44TB HBM3e
B300 144GB NEW Lambda Labs $2.45/hr $1.89 144GB HBM3e
B200 192GB ↓-4% Vultr $2.79/hr $2.15 192GB HBM3e
H100 SXM 80GB CoreWeave $2.19/hr $1.79 80GB HBM3e
H200 80GB Lambda Labs $1.89/hr $1.49 80GB HBM3e
A100 80GB SXM4 TensorDock $0.87/hr $0.68 80GB HBM2e
A100 40GB PCIe Lambda Labs $1.15/hr $0.89 40GB HBM2e
L40S 48GB Vultr $0.59/hr $0.45 48GB GDDR6

*Rates as of June 9, 2026. Commit rates reflect 1-year prepaid.

Top 5 Price Changes This Week

  1. 1
    B200 on Vultr — Down 4% to $2.79/hr. Blackwell supply expansion is bringing rates down for the first time since launch.
  2. 2
    A100 80GB on TensorDock — Up 3% to $0.87/hr. Demand for older-architecture training workloads keeping A100 pricing firm.
  3. 3
    H100 on CoreWeave — Down 2% to $2.19/hr. Increasing H100 cluster capacity from new Texas region.
  4. 4
    L40S on Vultr — Down 5% to $0.59/hr. NVIDIA L40S supply normalizing after Q1 shortages.
  5. 5
    GB200 on CoreWeave — Flat at $7.40/hr. No change — NVL72 remain supply-constrained.

Is B200 cheaper than H100 for inference right now?

Yes — for raw inference workloads, B200 is now cost-competitive with H100 when you factor in performance per dollar.

B200 delivers approximately 3x the tokens per second vs H100 for LLM inference (per GridStackHub benchmarks). At $2.79/hr vs H100's $2.19/hr, you're paying ~27% more for 3x the throughput — making B200 the more cost-efficient choice for production inference at scale. For training, H100 still wins on $/FLOP.

Rule of thumb: Inference = B200. Training = H100 (for now).

30-Day Price Forecast

B200 192GB
➘ Soft decline
Current
$2.79
Mid-July target
$2.58–$2.64
More supply online (June–July); expect -5–8% by mid-July Track live →
H100 SXM 80GB
➘ Mild decline
Current
$2.19
Mid-July target
$2.05–$2.10
H100 inventory building; slight downward pressure as Blackwell takes share Compare providers →
GB200 NVL72
➡ Stable
Current
$7.40
Mid-July target
$7.40
Supply stays tight; no significant movement expected in 30 days Compare →
A100 80GB
➡ Flat
Current
$0.87
Mid-July target
$0.87
Market finding equilibrium; limited movement expected Token cost →

5 Things to Watch This Week

  1. Blackwell cost inflection: B200 at $2.79/hr is the first meaningful week-over-week decline — Blackwell pricing is entering the commodity phase faster than expected.
  2. B300 is the new mid-tier Blackwell: At $2.45/hr, B300 sits between B200 and GB200, offering Blackwell architecture at near-H100 price points. Watch this tier closely.
  3. Inference vs training split is real: The market is clearly bifurcating. H100 for training, B200 for inference — and that split is now reflected in pricing trends.
  4. L40S as the budget workhorse: At $0.59/hr, L40S is becoming the default for budget inference and smaller training jobs. Supply normalization is driving prices down.
  5. GB200 NVL72 still untouchable: $7.40/hr and flat — no relief expected in 30 days. Enterprise AI at scale only.
Calculate your workload cost → Compare all 34 providers by GPU type, hours, and commitment level.
GPU Cost Calculator →

The Grid Stack — Weekly GPU Intelligence

Get the weekly GPU price index, market movers, and forecast delivered to your inbox every Tuesday.

No spam. Unsubscribe anytime. ~2,400 subscribers.