Nebius Announces Price Increases for Nvidia GPUs and AMD CPUs
Nebius Group (NASDAQ:NBIS) has informed customers that it will raise prices on its GPU cloud services, effective October 1. The price hikes include a 17% increase for Nvidia H100 instances and a 21% rise for the newer B300 GPUs from Nvidia (NASDAQ:NVDA). Additionally, rates for AMD EPYC Genoa CPUs are set to climb by 25%. This marks Nebius' second round of price increases in recent months, with cumulative pricing on B300 instances now up around 56%. The adjustments come amid strong demand for AI computing infrastructure. However, the company has not disclosed how these changes will impact its financial performance. Following the announcement, shares of Nebius rose nearly 11% before settling at a gain of about 2% in premarket trading.
Topics: AI infrastructure AMD EPYC CPUs cloud computing GPU pricing Nvidia H100/B300