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Secondary market prices for Nvidia H100 GPUs drop to $6,000 as collateralized assets age
Monday, March 30, 2026 at 07:20 AM
Secondary market prices for Nvidia H100 GPUs used as collateral in asset-backed securities have reportedly dropped to $6,000 per unit, down from an original purchase price of $40,000 approximately three years ago.
Context
Secondary market prices for Nvidia H100 GPUs have reportedly plummeted to $6,000, a sharp decline from their original $40,000 launch-era valuation. This shift follows the 2023 trend where cloud providers like CoreWeave and Inflection AI utilized massive H100 clusters as collateral for multibillion-dollar loans. As these asset-backed securities (ABS) age and the hardware enters its third year of service, the underlying collateral is being revalued to reflect a high depreciation rate typical of enterprise electronics.
The price drop is accelerated by the release of Nvidia’s next-generation B200 architecture in early 2025, which transitioned the H100 from a premier training tool to a mid-tier workhorse for inference. While new H100 units still command high enterprise prices, the glut of used hardware from decommissioned clusters and liquidated InfraFi protocols is creating a robust secondary market. For investors, this signifies a cooling of the extreme hardware scarcity seen in 2023-2024 and a pivot toward more cost-effective, decentralized AI compute scaling.
Sources (12)
NVIDIA Hopper in Full Production | NVIDIA NewsroomH100 GPU | NVIDIANvidia’s powerful H100 GPU will ship in October - Ars TechnicaH100 - WikipediaGPU-Backed Credit: How USD.AI Channels Onchain Capital for AI Compute FinancingCloud Provider Gets $2.3B Loan Using Nvidia's H100 as Collateral | Hacker NewsAlset Capital Inc. Announces Secured Loan to AI Investee Company ...NVIDIA H100 Price Guide 2025: Detailed Costs, Comparisons & Expert Insights | Jarvislabs.ai Docs
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