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Nvidia H200 SXM

Hopper refresh with 141GB HBM3e at 4.8 TB/s, shipping since Q2 2024. In December 2025 the US approved H200 exports to China (with a 25% surcharge); Chinese firms ordered 2M+ chips at about $27,000 each, and shipments restarted in July 2026 after a Chinese customs pause.

GlobalShippingNvidiaHopper familyLaunched 2023-11TSMC 4N

Latest observation ~$31K (per card) as of 2026-08 · researched 2026-08-27

~$31Klatest observation · street price · 2026-08
4dated price observations on record
12sourced specs (all linked below)

Specifications

Sourced specs

SpecValueSource
FP64 compute34 TFLOPSvia nvidia.com2026-08-27
FP64 Tensor Core67 TFLOPSvia nvidia.com2026-08-27
FP32 compute67 TFLOPSvia nvidia.com2026-08-27
TF32 Tensor Core989 TFLOPS with sparsity (~494.5 dense, SXM)via nvidia.com2026-08-27
BF16 Tensor Core1,979 TFLOPS with sparsity (~989.5 dense, SXM)via nvidia.com2026-08-27
FP16 Tensor Core1,979 TFLOPS with sparsity (~989.5 dense, SXM)via nvidia.com2026-08-27
FP8 Tensor Core3,958 TFLOPS with sparsity (~1,979 dense, SXM)via nvidia.com2026-08-27
INT8 Tensor Core3,958 TOPS with sparsity (~1,979 dense, SXM)via nvidia.com2026-08-27
Memory141GB HBM3e, 4.8 TB/s (first HBM3e GPU)via nvidia.com2026-08-27
InterconnectNVLink 900 GB/s, PCIe Gen5 128 GB/svia nvidia.com2026-08-27
TDPUp to 700W (SXM, configurable)via nvidia.com2026-08-27
Multi-Instance GPUUp to 7 MIG instances at 18GB each (SXM)via nvidia.com2026-08-27

Pricing

Price history, newest first

$22k$26k$29k$32k20242025-122026-08~$24K per card · 2024 · Analyst estimate · via Epoch AI (citing SemiAnalysis)~$27K per card · 2025-12-08 · Reported contract · via NBC News / Bloomberg / Reuters~$31K per card · 2026-08 · Street price · via Thunder Compute / TRG Datacenters / Cerebrium guides (retrieved Aug 2026)

Step chart of per-unit observations (system and order totals stay in the table). The line is drawn in USD at each observation year's average FX rate so mixed-currency histories read as one trend; hover any point for the price exactly as reported.

DatePriceTypeSourceConfidence
2026-08~$31K per cardMultiple independent guides converge on $30k-40k per H200; TRG cites $31k-32k for the NVL cardStreet pricevia Thunder Compute / TRG Datacenters / Cerebrium guides (retrieved Aug 2026)medium
2025-12-08~$27K per cardDec 2025 US approval with 25% surcharge; Chinese firms ordered 2M+ H200s at about $27,000 eachReported contractvia NBC News / Bloomberg / Reutershigh
2025-12~$194.8K from ¥1,400,000 at 2025 avg 7.19 CNY/USD per 8-GPU H200 server/module (China)Roughly 1.4 million yuan for an eight-GPU server configuration in ChinaStreet pricevia NBC Newsmedium
2024~$24K per cardSemiAnalysis: ~$24k average selling price across H100/H200 in 2024Analyst estimatevia Epoch AI (citing SemiAnalysis)medium

vendor-official or multiple independent reports · single major report or several secondary · estimate or lone secondary source

Prices in USD, converted at each observation year's average exchange rate; the original figure and rate print under every converted price. How prices are sourced and graded ↗

Context

Notes

  • China timeline: US approved exports 2025-12-08 (25% surcharge, ~10 firms cleared, 75k-unit caps per customer); China customs blocked entry 2026-01-14 (Reuters); BIS moved to case-by-case licensing 2026-01-15; shipments restarted by 2026-07-14 (CNBC).
  • Announced 2023-11-13; volume shipping from Q2 2024.

Where it sits

In the stack

All specs and prices link to their original sources, dated as observed. Figures are market observations, not offers; treat each as of its date.