Wells Fargo: AWS to raise GPU compute service prices by 15% again on October 7, Amazon maintains "Overweight" rating
Wells Fargo reports that Amazon Web Services (AWS) will raise GPU computing service prices by another 15% on October 7, following a 20% increase in July. This marks the fourth consecutive quarter AWS has increased GPU prices, with year-to-date pricing for H100/H200 and B200/B300 series GPUs cumulatively rising by 40% to 75%. Wells Fargo believes AWS's pricing power will support accelerated revenue growth through early 2027 and maintains an "Overweight" rating on Amazon (AMZN) with a price target of $338.
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