InferenceXbySemiAnalysis logo
HomeAgentXNEWOverviewDashboardComparisonsArticlesAbout
Star1,669中文
SemiAnalysis logo

Continuous open-source agentic inference benchmarking. Real-world, reproducible, auditable performance data trusted by trillion dollar AI infrastructure operators like OpenAI, Meta, Oracle, Microsoft, etc.

SemiAnalysis

Main SiteNewsletterAbout

Legal

Land AcknowledgementPrivacy PolicyCookie Policy

Contribute

BenchmarksAgentX HarnessVisualization

More

SupportersAgentXTelemetryArticlesAPI ReferenceHistorical TrendsTCO CalculatorFleet LifecycleChip ReliabilityChip Specs DashboardPerformance per DollarModel ArchitecturesAI Inference GlossaryChip Specs & PricingGPU RankingsModel on GPU Results

If this data helps your work, consider starring us on GitHub or sharing with your network.

© 2026 semianalysis.com. All rights reserved.

MiniMax M3 428B · Chip comparison

MiniMax M3 428B — H100 vs MI300X

Head-to-head AI inference benchmark comparison of H100 (NVIDIA Hopper) and MI300X (AMD CDNA 3) 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 →

At 13 tok/s/user interactivity on MiniMax M3 428B, H100 delivers 642 tok/s/chip at $0.51 per million tokens; MI300X delivers 2679 tok/s/chip at $0.10. MI300X is 414% cheaper per token; MI300X delivers 317% more tok/s/chip at this point.

H100 posts 617 tok/s/chip for $0.53 per million tokens at 15 tok/s/user on MiniMax M3 428B; MI300X posts 2627 tok/s/chip for $0.10. MI300X is 425% cheaper per token; MI300X delivers 326% more tok/s/chip.

Throughput at 17 tok/s/user on MiniMax M3 428B: H100 hits 591 tok/s/chip, MI300X hits 2533. Per-million costs land at $0.55 and $0.10 respectively. MI300X is 428% cheaper per token; MI300X delivers 328% more tok/s/chip. (Numbers reflect the default agentic-traces · fp8 selection for this URL — table and chart below update if you change sequence, precision, or model in the controls.)

View performance-per-dollar view →

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)
Throughput (tok/s/chip)
H100:641.7MI300X:2678.6
H100:616.5MI300X:2626.8
H100:591.4MI300X:2533.2
Cost ($/M tok)
H100:$0.507MI300X:$0.099
H100:$0.527MI300X:$0.100
H100:$0.550MI300X:$0.104
tok/s/MW
H100:468361MI300X:1927076
H100:450031MI300X:1889807
H100:431668MI300X:1822422
Concurrency
H100:~2MI300X:~10
H100:~1MI300X:~9
H100:~1MI300X:~8

Inference Performance

Agentic inference metrics from the AgentX scenario and fixed-sequence inference metrics across models, hardware configurations, and serving parameters.

Benchmark Config
8K / 1K (deprecated)
Chart Config
Interactivity
Compare history

MiniMax M3 428B 8K / 1K Total Tokens per $1 TCO vs. Interactivity

Cost Tier:
Owning at Large Hyperscaler Volume
Source:
SemiAnalysis InferenceX™

TCO $/chip/hr: 3.61 1.17 1.22 1.73 2.26 1.86 2.31 0.95 1.1 1.5 0.68 1.27 1.03

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

No measurements to plot for this selection. Review the benchmark controls above or adjust quick filters.

Shift+Scroll to zoom • Drag to pan • Double-click to reset • Click a point to pin tooltip