MiniMax M3 428B — B200 vs B300 Performance per Dollar
Cost per million tokens of B200 (NVIDIA Blackwell) versus B300 (NVIDIA Blackwell) on MiniMax M3 428B. Large-hyperscaler-volume ownership TCO normalized by total 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.
At 121 tok/s/user on MiniMax M3 428B, B200 costs $0.08 per million tokens; B300 costs $0.10. B200 is 27% more cost-efficient at this operating point.
B200 edges B300 at 235 tok/s/user on MiniMax M3 428B — $0.15 per million tokens versus $0.20, a 35% cost-per-token gap.
Push MiniMax M3 428B to 349 tok/s/user and B200 lands at $0.29 per million tokens against B300's $0.30 — B200 pulls ahead by 3%. (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): B200 $1.73/chip/hr · B300 $2.26/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:$0.083B300:$0.105 | B200:$0.150B300:$0.203 | B200:$0.294B300:$0.304 |
| Concurrency | B200:~20B300:~13 | B200:~21B300:~8 | B200:~12B300:~3 |
Inference Performance
Agentic inference metrics from the AgentX scenario and fixed-sequence inference metrics across models, hardware configurations, and serving parameters.
MiniMax M3 428B 8K / 1K Cost per Million Total Tokens vs. Interactivity
MiniMax M3 428B 8K / 1K Cost per Million Total Tokens vs. Interactivity- Cost Tier:
- Source:
- SemiAnalysis InferenceX™
TCO $/chip/hr:
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.
No data available
Matching measurements exist, but their chip series are hidden.
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