Jensen Huang Says Older GPUs Age Like Fine Wine as AI Demand Drives Up Hardware Values

GPUs traditionally depreciated as new models arrived, but the sustained computing demands of generative AI training and inference have changed the hardware life cycle. NVIDIA’s CUDA ecosystem allows older cards to continue handling workloads. CoreWeave estimates that GPUs have an accounting useful life of about six years, making prices for older cards an important indicator of supply and demand in AI infrastructure.

On May 14, 2026, NVIDIA CEO Jensen Huang said GPUs from four to five years ago were appreciating faster than fine wine. CoreWeave said the H100, H200, L40S and the A100, which debuted in 2020, were all more expensive than in the previous quarter. Its March data showed that the average H100 price in the fourth quarter of 2025 was less than 10% below its level at the start of the year, while A100 prices rose over the full year. The company did not disclose per-card prices.