JPMorgan Chase Report: AI Token Usage Surges in September, H100 Lease Prices Decline While B200 Rebounds, DRAM Sees First Pullback After Five Consecutive Rises
According to Wall Street Insights, citing JPMorgan Chase's latest Data Center Observation Report, OpenRouter platform token usage surged 71% month-over-month in September, reaching 30 times year-over-year. Overall spending increased by 28% month-over-month and expanded 14 times year-over-year, primarily driven by inexpensive open-source models. The NVIDIA GPU rental market showed divergence: average rental prices for A100 and H100 decreased by 2.8% and 2.6% month-over-month, respectively, while the average rental price for B200 rose by 1.3% month-over-month to $5.70 per GPU hour, reversing the decline seen in August. In the memory market, DRAM spot prices saw a slight month-over-month decline of approximately 1% in September to $49.70 (DDR5 16Gb) after five consecutive months of increases, while NAND prices remained largely flat.
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