AI Accelerator Manufacturing Cost (COGS) — Historical Time Series Data
Estimated manufacturing cost breakdown for NVIDIA A100, H100, H200, B200 and AMD MI300X. Shows HBM shift from 33% to 45%+ of BOM.
AI Accelerator Manufacturing Cost (COGS)
Estimated manufacturing cost breakdown for NVIDIA A100, H100, H200, B200 and AMD MI300X. Shows HBM shift from 33% to 45%+ of BOM.
9 data points·Unit: $·Last updated: Mar 2026
Data Table
| Period | Series | Value |
|---|---|---|
A100 (2020) | Logic Die | ••• |
A100 (2020) | HBM | ••• |
A100 (2020) | Packaging & Test | ••• |
H100 (2023) | Logic Die | $2,100 |
H100 (2023) | HBM | $480 |
H100 (2023) | Packaging & Test | $600 |
B200 (2025) | Logic Die | $900 |
B200 (2025) | HBM | $2,900 |
B200 (2025) | Packaging & Test | $2,100 |
Methodology & Sources
Sources: Silicon Analysts (H100 Feb 2026), Epoch.ai (B200 Dec 2025), Deep Research (102 sources). NVIDIA/AMD do not disclose COGS; estimates from teardown analysis. Gross margin estimates based on analyst consensus.
Citations:
- Deep Research (102 sources) (Mar 2026)
- Silicon Analysts (Feb 2026)
- Epoch.ai (Dec 2025)