Qwen 3.5 397B-A17B — GB300 NVL72 vs H200 Performance per Dollar
Cost per million tokens of GB300 NVL72 (NVIDIA Blackwell) versus H200 (NVIDIA Hopper) on Qwen 3.5 397B-A17B. 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.
GB300 NVL72: $0.06 per million tokens. H200: $0.23. Both at 83 tok/s/user on Qwen 3.5 397B-A17B, with GB300 NVL72 307% cheaper.
Around the middle of the 48–187 tok/s/user interactivity band — at 118 tok/s/user — GB300 NVL72 runs $0.10 per million tokens on Qwen 3.5 397B-A17B while H200 runs $0.30. GB300 NVL72 is the cheaper choice by 211%.
On Qwen 3.5 397B-A17B at 153 tok/s/user, the per-million math comes out to $0.17 for GB300 NVL72 and $0.36 for H200; GB300 NVL72 delivers 117% more output per dollar. (Numbers reflect the default 8k/1k · fp8 selection for this URL — table and chart below update if you change sequence, precision, or model in the controls.)
Chip pricing (owning hyperscaler): GB300 NVL72 $2.31/chip/hr · H200 $1.22/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 | GB300 NVL72:$0.057H200:$0.234 | GB300 NVL72:$0.096H200:$0.298 | GB300 NVL72:$0.168H200:$0.365 |
| Concurrency | GB300 NVL72:~1209H200:~16 | GB300 NVL72:~290H200:~9 | GB300 NVL72:~59H200:~6 |
Inference Performance
Inference performance metrics across different models, hardware configurations, and serving parameters.