GPU Prices Are Climbing Again — Is the Neocloud Play Still Early?

[Neublocore stocks just flashed a fresh pricing signal](https://www.moomoo.com/news/post/76369039?global_content=%7B%22promote_content%22:%2211067213%22,%22promote_id%22:20795,%22promote_type%22:43,%22sub_promote_id%22:1%7D), with Nebius popping \~6% after hours and CoreWeave pushing higher in extended trading. The news drops as Nebius rolls out new October rental rates, with double-digit percentage hikes across its H100, B200 and B300 SKUs.

The bull case for neocloud players is stacking up fast right now: per-GPU revenue is getting a boost from rising rental rates, older generation GPUs like the A100 are holding way more residual value than most models projected, and the combined lift from higher pricing power, longer asset economic life and stronger residual returns makes the unit economics look far better than the market has been pricing in. It’s not just the latest top-tier chips seeing strength, either — even older A100 rental pricing is firming up as inference demand soaks up spare older capacity.

The whole trade still hinges on AI compute demand staying ahead of supply, but the near-term momentum is clearly tilting bullish right now. Who’s still positioned in this space?