technology
Nvidia Shares Rise 12 Percent This Year but Fall 3 Percent in Past Month as B200 Rental Prices Drop
Nvidia shares gained about 12 percent year to date through June 22 while falling 3 percent over the past month. The VanEck Semiconductor ETF advanced 84 percent this year and 15 percent in the same period. A Google agreement to rent SpaceX capacity using 110,000 Nvidia GPUs drew analyst attention.
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Nvidia shares rose approximately 12 percent in 2026 through June 22 while declining roughly 3 percent over the past month, Cnbc reported. The VanEck Semiconductor ETF gained 84 percent year to date and advanced 15 percent during the same one-month span. Micron Technology and Sandisk shares each increased nearly 60 percent over the past month.
The hourly compute price for Nvidia's B200 GPU reached $6.11 on May 30, the highest level in the preceding three months, before falling to $4.22 on June 21. Most companies rent GPU access through cloud providers, and rental rates can shift with demand for AI infrastructure. Google agreed to pay SpaceX $920 million per month for AI computing capacity from October 2026 through June 2029.
Under the agreement Google will use approximately 110,000 Nvidia GPUs plus CPUs, memory and related components. RBC Capital Markets stated that Nvidia looks best positioned among peers for the second half of 2026 and 2027 following the Google-SpaceX deal.
The firm's analysts wrote that GPU rental agreements should address concerns about Nvidia losing share to application-specific integrated circuits in the short term.
