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MiniMax M3 428B Β· Chip comparison

MiniMax M3 428B β€” H200 vs MI355X

Head-to-head AI inference benchmark comparison of H200 (NVIDIA Hopper) 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 β€” 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 β†’

MI355X hits 43171 tok/s/chip for $0.01 per million tokens at 150 tok/s/user on MiniMax M3 428B. No H200 data at this operating point.

MI355X: 19471 tok/s/chip, $0.02 per million tokens at 257 tok/s/user on MiniMax M3 428B. H200 is unmeasured here.

At 363 tok/s/user on MiniMax M3 428B, MI355X delivers 9528 tok/s/chip at $0.04 per million tokens; H200 hasn't been benchmarked at this target. (Numbers reflect the default agentic-traces Β· fp4 selection for this URL β€” table and chart below update if you change sequence, precision, or model in the controls.)

View performance-per-dollar view β†’

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)
H200:β€”MI355X:43170.9
H200:β€”MI355X:19471.0
H200:β€”MI355X:9527.7
Cost ($/M tok)
H200:β€”MI355X:$0.010
H200:β€”MI355X:$0.021
H200:β€”MI355X:$0.044
tok/s/MW
H200:β€”MI355X:20655947
H200:β€”MI355X:9316246
H200:β€”MI355X:4558696
Concurrency
H200:β€”MI355X:~23
H200:β€”MI355X:~11
H200:β€”MI355X:~4

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 InferenceXβ„’

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

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.