DeepSeek R1 · Performance per Dollar

DeepSeek R1 — H200 vs MI355X Performance per Dollar

Cost per million tokens of H200 (NVIDIA Hopper) versus MI355X (AMD CDNA 4) 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.

Push DeepSeek R1 to 50 tok/s/user and H200 lands at $0.21 per million tokens against MI355X's $0.20 — MI355X pulls ahead by 8%.

H200: $0.60 per million tokens. MI355X: $0.35. Both at 89 tok/s/user on DeepSeek R1, with MI355X 69% cheaper.

Toward the upper edge of the 12–167 tok/s/user interactivity band — at 128 tok/s/user — H200 runs $1.16 per million tokens on DeepSeek R1 while MI355X runs $0.46. MI355X is the cheaper choice by 153%. (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): H200 $1.22/chip/hr · MI355X $1.50/chip/hr. Source: SemiAnalysis Market July 2026 Pricing Surveys & AI Cloud TCO Model.

View full latency + throughput comparison →

DeepSeek R1: H200 versus MI355X cost per million tokens at matched interactivity levels
H200 versus MI355X cost per million tokens for this comparison's canonical default workload. Lower cost indicates better performance per dollar.
Interpolated from real benchmark data. Edit target interactivity values below to compare at different operating points.
Metric
Interactivity (tok/s/user)
Interactivity (tok/s/user)
Interactivity (tok/s/user)
Dollar per Million Tokens
H200:$0.213MI355X:$0.198
H200:$0.596MI355X:$0.352
H200:$1.160MI355X:$0.459
Concurrency
H200:~73MI355X:~34
H200:~6MI355X:~217
H200:~21MI355X:~6

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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