Recent upward momentum in B200 rental rates, driven by sustained AI training and inference demand alongside constrained Blackwell supply, positions the $6.50–$7.50 range as the leading market-implied outcome. Current on-demand listings show wide dispersion, with marketplace and neocloud providers quoting medians near $6.50–$7.20 per GPU-hour while hyperscalers remain substantially higher; transaction-based indices have risen over 20% in the past month amid allocation tightness. Traders appear to expect these dynamics to hold through late September, with limited new capacity deployments unlikely to ease pressure before month-end.