GPU Rental Rates Surge Up to 21% as Navis Stock Rises 9%

GPU rental rates have surged up to 21%, while AI cloud company Navis ($NBIS) saw its stock price rise over 9% in pre-market trading. Odeily reported that Navis will increase on-demand rental fees for H100, H200, B200, and B300 GPUs starting October 1. In a customer notice, Navis stated it raised the B300 rental rate from $7.85 to $9.50 per GPU hour. The company also announced a 17% increase for H100, a 20% rise for H200, and approximately a 19% hike for B200.