Head-to-head AI inference benchmark comparison of GB200 NVL72 (NVIDIA Blackwell) and MI355X (AMD CDNA 4) on MiniMax M3 428B. Latency, throughput, and cost across LLM workloads. Use the chart controls below to switch sequences, precisions, and metrics — same interactions as the main inference chart.
AgentX replays real coding-agent sessions rather than fixed-length prompts, so context grows turn over turn and most of each request is served from cache instead of being recomputed. That turns the comparison into a systems question: KV transfer between nodes, prefix-aware routing, and cache capacity all move the curve alongside raw chip throughput. Fixed-sequence workloads stay the clean baseline for kernel and silicon performance, so the two scenarios answer different questions about the same hardware. Learn more about AgentX →
Setting 124 tok/s/user as the target on MiniMax M3 428B, GB200 NVL72 produces 36361 tok/s/chip ($0.01 per million tokens) and MI355X produces 38711 ($0.01). MI355X is 32% cheaper per token; MI355X delivers 6% more tok/s/chip.
At 183 tok/s/user interactivity on MiniMax M3 428B, GB200 NVL72 delivers 20982 tok/s/chip at $0.02 per million tokens; MI355X delivers 21251 tok/s/chip at $0.02. MI355X is 26% cheaper per token; MI355X delivers 1% more tok/s/chip at this point.
GB200 NVL72 posts 13302 tok/s/chip for $0.04 per million tokens at 241 tok/s/user on MiniMax M3 428B; MI355X posts 9096 tok/s/chip for $0.05. GB200 NVL72 is 18% cheaper per token; GB200 NVL72 delivers 46% more tok/s/chip. (Numbers reflect the default agentic-traces · fp4 selection for this URL — table and chart below update if you change sequence, precision, or model in the controls.)
| Metric | Interactivity (tok/s/user) | Interactivity (tok/s/user) | Interactivity (tok/s/user) |
|---|---|---|---|
| Throughput (tok/s/chip) | GB200 NVL72:36360.8MI355X:38711.2 | GB200 NVL72:20981.6MI355X:21251.2 | GB200 NVL72:13301.9MI355X:9095.6 |
| Cost ($/M tok) | GB200 NVL72:$0.014MI355X:$0.011 | GB200 NVL72:$0.025MI355X:$0.020 | GB200 NVL72:$0.039MI355X:$0.046 |
| tok/s/MW | GB200 NVL72:19444283MI355X:18522129 | GB200 NVL72:11220087MI355X:10168047 | GB200 NVL72:7113309MI355X:4351969 |
| Concurrency | GB200 NVL72:~21MI355X:~22 | GB200 NVL72:~14MI355X:~14 | GB200 NVL72:~8MI355X:~1 |
Agentic inference metrics from the AgentX scenario and fixed-sequence inference metrics across models, hardware configurations, and serving parameters.
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.
Matching measurements exist, but their chip series are hidden.
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1 The ATOM engine is promising, however it has yet to serve production tokens. It is still in its infant stage.
MiniMax M3 428B 8K / 1K Total Tokens per $1 TCO vs. Interactivity