Persistent high demand for NVIDIA Blackwell B200 GPUs in frontier AI training and high-throughput inference has kept median on-demand rental rates near $7.50–$7.99 per GPU-hour across providers as of October 23, 2026, with limited new supply preventing any near-term drop. Traders see little catalyst for prices to fall below the $6.50 threshold by month-end given steady utilization and constrained availability. Scenarios that could still challenge the strong $6.50+ consensus include a sudden influx of capacity from hyperscalers or major cloud platforms, or an unexpected softening in AI workload demand that frees up inventory.