Market insights

AMD MI300X Pricing (September 2025): Cheapest High‑Memory GPUs in the Cloud

September 16, 2025
7 mins read

Current on‑demand MI300X prices (per GPU)

Provider SKU / Instance On‑Demand $/GPU‑hr* Notes
Vultr MI300X single‑GPU $1.85 Chicago region, pay‑as‑you‑go
TensorWave 8 × MI300X bare‑metal $1.50 $12/hr node ÷ 8 GPUs
RunPod MI300X 192 GB $2.99 Community Cloud on‑demand
Sesterce MI300X 192 GB $3.30 Hourly marketplace rate
[Vultr] 8 × MI300X cluster $3.99 $31.92/hr node ÷ 8 GPUs
Oracle Cloud BM.GPU.MI300X.8 $6.00 8‑GPU bare‑metal ($48/hr)
Azure ND MI300X v5 (8 × MI300X) $7.86 $62.85/hr VM ÷ 8 GPUs in West US

*Normalized to a single MI300X, even when only multi‑GPU nodes are offered.

Methodology

Why you can trust these numbers:

  • On‑demand only – no reservations or prepaid contracts.
  • Same silicon – every figure refers to AMD MI300X (192 GB) SKUs.
  • Public price lists – pulled September 16, 2025 from each provider’s published pricing pages.
  • U.S. regions, USD – prices elsewhere vary by 5‑20 %.

Cost‑performance snapshot

Provider / GPU Two‑hour runtime Effective cost
Thunder Compute – A100 80 GB 2 × $0.78 $1.56
Vultr – MI300X 2 × $1.85 $3.70
TensorWave – MI300X 2 × $1.50 $3.00
RunPod – MI300X 2 × $2.99 $5.98
Azure – MI300X 2 × $7.86 $15.72

Thunder Compute’s A100 still delivers ~2‑5× more runtime per dollar than most on‑demand MI300X options, making it the cost‑efficiency pick for prototyping and fine‑tuning.

Why this matters for developers

  • More memory, new math – MI300X packs 192 GB HBM3 and FP8 support, ideal for 70 B+ parameter models.
  • Price gap vs. H100 – Even the cheapest MI300X ($1.85/hr) costs ~25 % less than the lowest H100 price we tracked in July 2025.
  • A100 still wins ROI – Unless your model truly needs 192 GB or FP8, an A100 80 GB at $0.78/hr often delivers better value.
  • Bookmark this page – we refresh the numbers quarterly so you don’t have to.

Takeaways

  • Vultr and TensorWave have opened the MI300X price war below $2/hr.
  • RunPod remains the easiest MI300X self‑service experience under $3/hr.
  • Hyperscalers (Azure, Oracle) still charge 3‑4× more than niche clouds.
  • Thunder Compute A100s stay the absolute price‑performance leader for most workflows.

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