Nvidia in spotlight as Susquehanna calls out strong Hopper pricing ahead of Blackwell
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Contributor since / Followers
Contributor since / Followers
2 months ago
BING-JHEN HONG
- Nvidia (NASDAQ:NVDA) was in the spotlight on Thursday as investment firm Susquehanna noted that pricing on its Hopper line of products has remained strong ahead of the upcoming Blackwell line.
- Shares rose 2.3% in premarket trading.
- Aftermarket prices for the H100 have been “relatively stable” at slightly less than $30,000 (down 0.6% in the third-quarter) Susquehanna analyst Chris Rolland said.
- Additionally, there has not been any rise in H100 supply in the secondary market, suggesting that companies are holding on to their purchases.
- Cloud pricing for the H100 has also remained largely the same, at $5.32 per hour, down 4% since the start of the year.
- Lastly, at current pricing and 70% utilization, there is a “relatively short” five-month hardware payback period for cloud service providers renting the H100, which should justify the continued spending, Rolland added.