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- DigitalOcean (DOCN) shares traded higher to $137.81 on Wednesday's premarket after the cloud infrastructure provider announced that it will raise prices for select Nvidia (NVDA) and AMD AI GPU instances beginning Aug. 1, citing strong demand for advanced AI compute capacity.
- On-demand GPU prices will rise by about 30%, including Nvidia H100 to $4.41/hour from $3.39, H200 to $4.47 from $3.44, and AMD MI300X to $2.59 from $1.99.
- The company will also increase prices for new and renewed 12-month reserved GPU plans on the same date, while existing reserved contracts will continue at current rates until renewal.
- The company said the pricing changes will help expand access to high-performance AI compute, adding that its GPU infrastructure remains competitively priced despite the increase.
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