MiniMax M3 428B · Performance per Dollar

MiniMax M3 428B — H100 vs H200 Performance per Dollar

Cost per million tokens of H100 (NVIDIA Hopper) versus H200 (NVIDIA Hopper) on MiniMax M3 428B. 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.

Near the low end of the 15–260 tok/s/user interactivity band — at 76 tok/s/user — H100 runs $0.67 per million tokens on MiniMax M3 428B while H200 runs $0.55. H200 is the cheaper choice by 22%.

On MiniMax M3 428B at 138 tok/s/user, the per-million math comes out to $1.52 for H100 and $1.06 for H200; H200 delivers 43% more output per dollar.

At 199 tok/s/user on MiniMax M3 428B, H100 costs $2.31 per million tokens; H200 costs $1.73. H200 is 33% more cost-efficient at this operating point. (Numbers reflect the default 1k/1k · fp8 selection for this URL — table and chart below update if you change sequence, precision, or model in the controls.)

GPU pricing (owning hyperscaler): H100 $1.30/GPU/hr · H200 $1.41/GPU/hr. Source: SemiAnalysis Market August 2025 Pricing Surveys & AI Cloud TCO Model.

View full latency + throughput comparison →

MiniMax M3 428B: H100 versus H200 cost per million tokens at matched interactivity levels
H100 versus H200 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
H100:$0.673H200:$0.551
H100:$1.518H200:$1.062
H100:$2.307H200:$1.731
Concurrency
H100:~31H200:~20
H100:~8H200:~5
H100:~4H200:~4

Inference Performance

Inference performance metrics across different models, hardware configurations, and serving parameters.