NVIDIA · Hopper · Layer 2
NVIDIA H200
The value tier now that Blackwell is shipping. Widely available on every GPU cloud, which H100 scarcity once made untrue.
rent Rentable by the hour from multiple clouds; purchasable at scale.
Specifications
- Memory
- 141 GB HBM3E
- Bandwidth
- 4.8 TB/s
- Compute
- Hopper-generation FP8
- Power
- 700 W
- Interconnect
- NVLink 4
- Software
- CUDA
- Form factor
- accelerator
- Workload
- both
Verified 2026-09-06. Fields reading “not published” are exactly that — we do not estimate a figure a vendor withholds.
The catch
A generation behind on throughput per watt, which matters more every quarter as power becomes the constraint rather than capital.
The economics
The price per GPU-hour has fallen hard as Blackwell landed. For inference on models that fit in 141 GB this is often the cheapest sane option.
Cost per million tokens is the metric that decides most real purchases, and there is no neutral benchmark for it — every published figure comes from a company selling one side of the comparison. Read all of them, ours included, as claims rather than measurements.
The power question underneath this
A rack of frontier accelerators draws 120–200 kW against a 2026 average of about 27 kW, and the US grid interconnection queue exceeds 2,600 GW with waits approaching five years. Whether you can energise this part is now a harder question than whether you can buy it.
Layer 1 — Energy · The interconnection queue · Rack power density · Tokens per watt
Compared against
- NVIDIA H100 vs NVIDIA H200 — The same architecture with 61 GB and 1.45 TB/s more. Whether that matters is decided entirely by your model size.Compare with NVIDIA H100
- Qualcomm Cloud AI 100 Ultra vs NVIDIA H200 — 150 W against 700 W. Tokens per watt is a different contest from tokens per second.Compare with Qualcomm Cloud AI 100 Ultra
Related silicon
- NVIDIA B200 — 192 GB HBM3E, rent
- NVIDIA GB200 NVL72 — 13.5 TB HBM3E across the rack, rent
- NVIDIA GB300 NVL72 — Higher HBM3E capacity than GB200; per-rack figure not consistently published, rent
- NVIDIA H100 — 80 GB HBM3, rent
- NVIDIA RTX PRO 6000 Blackwell — 96 GB GDDR7, buy
- AMD Instinct MI300X — 192 GB HBM3, rent