Jensen Huang Says a 22% Rent Jump Proves Old Nvidia Chips Keep Earning

Nvidia CEO Jensen Huang says rising AI chip rental prices prove that older hardware keeps earning, after rates for a three-year-old chip climbed 22% in a month.

The chip is the H100, the training processor behind the first wave of generative AI. It now rents for $3.28 an hour. Huang calls that durability. The longer record complicates the claim.

Older AI Chip Rental Prices Jump 22% in a Month

Index data circulated on X puts the hourly rate at $3.28, a gain of roughly 22% over the past month. Huang shared the chart and described Nvidia compute as fungible, durable, and revenue-generating.

The rebound cuts against standard accounting. Hyperscalers write down graphics processing units (GPUs) over roughly five to six years. Michael Burry argues the real useful life runs shorter, and he expanded his Nvidia short in late August.

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