AWS Raised Reserved GPU Prices and Moved the Chips, in a Bite

AWS raised the price of a reserved GPU hour by about 15 percent, effective 7 October, and it is reported to be moving $8 billion of the same class of chips off its own balance sheet. Two moves, one strategy.

• The new rate card. P6-B300 lists at $16.146 per accelerator hour, P6-B200 at $14.208, P5en at $7.895 and P5e at $6.866. On-Demand and Savings Plans pricing is unchanged.
• Second increase this year. It follows a similar move in January and lands as rented accelerator capacity climbs, with Nebius lifting four on-demand tiers on 1 October.
• The sale and leaseback. Reporting points to talks that would place about $8 billion of Grace Blackwell chips into a special purpose vehicle funded by outside investors, with Amazon holding up to 10 percent equity.
• Why it matters. The GPU hour now trades like a utility tariff while the GPU itself trades like a financed asset. Rent and residual value are set in separate markets, and the obsolescence risk moves to the investors who own the hardware.

Read the full analysis of why the rent and the residual are now two markets.