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GPUs / NVIDIA RTX 5090 / Anatomy

The anatomy of a NVIDIA RTX 5090-hour

Where the money in a NVIDIA RTX 5090 GPU-hour goes — the parts that can be sourced, and the residual that can’t.

Anatomy: why it costs this

Everything that has to exist before one RTX 5090-hour can be rented — then the arithmetic on the parts that can be priced honestly.

Scroll sideways to follow the chain →

The foundry. Nearly every datacenter GPU is fabbed here — the tightest bottleneck in the chain.TSMC4NP (GB202) process · packagi…The memory feeding this SKU — for HBM parts, the second great bottleneck.Micron · Samsung · SK hyn…GDDR7 · 32 GBDesign and the software moat — and most of the margin in the whole chain.NVIDIAGPU design & softwareHow this silicon becomes a rentable machine.ASUS · MSI · Gigabyteboard partners (consumer card…Fleets are financed; capital recovery is the largest slice of the hourly price.Capital marketsdebt & equityColo and hyperscale facilities; PUE lives here.Data centersland · shell · coolingGrid electricity including cooling overhead (PUE) — priced on the cost stack below.Power gridkWh per GPU-hourEvaporative-cooling upper bound — environmentally real, economically small.Waterliters per GPU-hourThe providers listing this SKU right now — the layer this site prices hourly.Clouds & marketplacesVast.aiThe number this site tracks.Youno median yet
Verified inputs & sources

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