DeepSeek R1 — B200 vs GB200 NVL72 Performance per Dollar
Cost per million tokens of B200 (NVIDIA Blackwell) versus GB200 NVL72 (NVIDIA Blackwell) on DeepSeek R1. Owning-hyperscaler TCO normalized by output tokens — performance per dollar across LLM workloads. Pick the more cost-efficient SKU at every target interactivity level. Use the chart controls below to switch sequences, precisions, and metrics — same interactions as the main inference chart.
B200: $0.20 per million tokens. GB200 NVL72: $0.09. Both at 76 tok/s/user on DeepSeek R1, with GB200 NVL72 121% cheaper.
Around the middle of the 32–208 tok/s/user interactivity band — at 120 tok/s/user — B200 runs $0.43 per million tokens on DeepSeek R1 while GB200 NVL72 runs $0.13. GB200 NVL72 is the cheaper choice by 234%.
On DeepSeek R1 at 164 tok/s/user, the per-million math comes out to $0.64 for B200 and $0.63 for GB200 NVL72; GB200 NVL72 delivers 1% more output per dollar. (Numbers reflect the default 8k/1k · fp8 selection for this URL — table and chart below update if you change sequence, precision, or model in the controls.)
Chip pricing (owning hyperscaler): B200 $1.73/chip/hr · GB200 NVL72 $1.86/chip/hr. Source: SemiAnalysis Market July 2026 Pricing Surveys & AI Cloud TCO Model.

| Metric | Interactivity (tok/s/user) | Interactivity (tok/s/user) | Interactivity (tok/s/user) |
|---|---|---|---|
| Dollar per Million Tokens | B200:$0.198GB200 NVL72:$0.090 | B200:$0.433GB200 NVL72:$0.130 | B200:$0.640GB200 NVL72:$0.632 |
| Concurrency | B200:~142GB200 NVL72:~618 | B200:~119GB200 NVL72:~333 | B200:~21GB200 NVL72:~27 |
Inference Performance
Agentic inference metrics from the AgentX scenario and fixed-sequence inference metrics across models, hardware configurations, and serving parameters.
Cost per Million Total Tokens (Owning - Hyperscaler) vs. Interactivity
DeepSeek R1 0528 671B • FP4 • 8K / 1K • Source: SemiAnalysis InferenceX™
TCO $/chip/hr: H100: 1.17H200: 1.22B200: 1.73B300: 2.26GB200: 1.86GB300: 2.31MI300X: 0.95MI325X: 1.1MI355X: 1.5RTX6000PRO: 0.68
Source: SemiAnalysis Market July 2026 Pricing Surveys & AI Cloud TCO Model
Note: Disaggregated inference configurations (e.g., MoRI SGLang, Dynamo TRTLLM) calculate cost per million tokens per decode chip or per prefill chip, rather than per total chip count. This makes direct token cost comparison with aggregated configs not an apples-to-apples comparison.
Note: Disaggregated inference configurations (e.g., MoRI SGLang, Dynamo TRTLLM) calculate input throughput per decode chip or per prefill chip, rather than per total chip count. This makes direct input throughput comparison with aggregated configs not an apples-to-apples comparison.
Note: Disaggregated inference configurations (e.g., MoRI SGLang, Dynamo TRTLLM) calculate output throughput per decode chip or per prefill chip, rather than per total chip count. This makes direct output throughput comparison with aggregated configs not an apples-to-apples comparison.
Note: Disaggregated inference configurations (e.g., MoRI SGLang, Dynamo TRTLLM) calculate power per decode chip or per prefill chip, rather than per total chip count. This makes direct power comparison with aggregated configs not an apples-to-apples comparison.
Note: Disaggregated inference configurations (e.g., MoRI SGLang, Dynamo TRTLLM) calculate Joules per decode chip or per prefill chip, rather than per total chip count. This makes direct Joules per token comparison with aggregated configs not an apples-to-apples comparison.
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