MiniMax M2.5/M2.7 — GB200 NVL72 vs GB300 NVL72 Performance per Dollar
Cost per million tokens of GB200 NVL72 (NVIDIA Blackwell) versus GB300 NVL72 (NVIDIA Blackwell) on MiniMax M2.5/M2.7. 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.
GB200 NVL72: $0.04 per million tokens. GB300 NVL72: $0.04. Both at 67 tok/s/user on MiniMax M2.5/M2.7, with GB200 NVL72 15% cheaper.
Around the middle of the 34–165 tok/s/user interactivity band — at 100 tok/s/user — GB200 NVL72 runs $0.07 per million tokens on MiniMax M2.5/M2.7 while GB300 NVL72 runs $0.08. GB200 NVL72 is the cheaper choice by 19%.
On MiniMax M2.5/M2.7 at 133 tok/s/user, the per-million math comes out to $0.13 for GB200 NVL72 and $0.15 for GB300 NVL72; GB200 NVL72 delivers 18% more output per dollar. (Numbers reflect the default 8k/1k · fp4 selection for this URL — table and chart below update if you change sequence, precision, or model in the controls.)
Chip pricing (owning hyperscaler): GB200 NVL72 $1.86/chip/hr · GB300 NVL72 $2.31/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 | GB200 NVL72:$0.036GB300 NVL72:$0.042 | GB200 NVL72:$0.065GB300 NVL72:$0.078 | GB200 NVL72:$0.127GB300 NVL72:$0.150 |
| Concurrency | GB200 NVL72:~909GB300 NVL72:~218 | GB200 NVL72:~46GB300 NVL72:~50 | GB200 NVL72:~19GB300 NVL72:~19 |
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
MiniMax M2.5/2.7 230B • 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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