Shay Boloor(@StockSavvyShay):AI token prices have fallen more than 50% since May to under $1 per million tokens but a lot of that reflects usage shifting toward cheaper models rather than broad price cuts. Open models now account for ~60% of top model traffic at just $0.83 per million tokens while paid models average $6.03 as $GOOGL, OpenAI and Anthropic compete at the high end. The AI economy is going to continue splitting between cheap intelligence driving massive usage and premium models retaining pricing power which is why falling average token costs don't necessarily mean weaker compute demand for $NVDA, $AVGO and $AMD.

2026.10.10 14:13

AI token prices have fallen more than 50% since May to under $1 per million tokens but a lot of that reflects usage shifting toward cheaper models rather than broad price cuts. Open models now account for ~60% of top model traffic at just $0.83 per million tokens while paid models average $6.03 as $GOOGL, OpenAI and Anthropic compete at the high end. The AI economy is going to continue splitting between cheap intelligence driving massive usage and premium models retaining pricing power which is why falling average token costs don't necessarily mean weaker compute demand for $NVDA, $AVGO and $AMD.