Benchmark insights

Energy per result on GPUs in 2026

Energy per result on each workload: every GPU in the 5 November 2026 round, measured the same way, each with code tuned for it. Each GPU reads its own board sensor, with the host CPU and the rest of the server left out. Results within 10% of each other read as about the same, since sensors differ between makers.

Energy per result at the ranked size, 5 November 2026 round; lower is better. Bars compare within each workload. CPUs in ochre, GPUs in blue; solid: the lowest energy, and any within 10% of it. Under each figure, the chip's throughput on that workload.

Energy per result

WorkloadAMD Instinct MI350XAMD Instinct MI355XNVIDIA B200NVIDIA H200
Swaption portfolio, LMM
Wh per billion paths
1.83 Wh1.73 Wh2.02 Wh2.00 Wh
Barrier options, Monte Carlo
Wh per million options
0.0938 Wh0.0974 Wh0.0850 Wh0.0899 Wh
American options, binomial lattice
Wh per billion options
35.3 Wh37.3 Wh63.1 Wh57.4 Wh
European options, Black-Scholes formula
Wh per trillion options
3.49 Wh3.51 Wh2.81 Wh2.43 Wh

Watt-hours per result at the ranked size; the lowest in bold, with any within 10% of it.

On the LMM swaption portfolio AMD Instinct MI355X uses the least energy per result, about the same as AMD Instinct MI350X; AMD Instinct MI355X uses 14% less energy per result than NVIDIA H200; on barrier options (Monte Carlo) NVIDIA B200 uses the least energy per result, about the same as NVIDIA H200; NVIDIA B200 uses 9% less energy per result than AMD Instinct MI350X; on American options (binomial lattice) AMD Instinct MI350X uses the least energy per result, about the same as AMD Instinct MI355X; AMD Instinct MI350X uses 39% less energy per result than NVIDIA H200; on European options (Black-Scholes formula) NVIDIA H200 uses the least energy per result; NVIDIA H200 uses 14% less energy per result than NVIDIA B200.

The hardware

AMD Instinct MI350X
GPU · 2025
Power limit
1,000 W
Energy read from
GPU board sensor, host excluded
Cores
256 (CU)
Memory
288 GB (maker figure)
Measured FP64 FMA ceiling, GFLOP/s
59,700
AMD Instinct MI355X
GPU · 2025
Power limit
1,400 W
Energy read from
GPU board sensor, host excluded
Cores
256 (CU)
Memory
288 GB (maker figure)
Measured FP64 FMA ceiling, GFLOP/s
71,000
NVIDIA B200
GPU · 2025
Power limit
1,000 W
Energy read from
GPU board sensor, host excluded
Cores
148 (SM)
Memory
179.1 GiB
Measured FP64 FMA ceiling, GFLOP/s
36,800
NVIDIA H200
GPU · 2024
Power limit
700 W
Energy read from
GPU board sensor, host excluded
Cores
132 (SM)
Memory
140.4 GiB
Measured FP64 FMA ceiling, GFLOP/s
33,300

How these were measured

Each platform ran code tuned for that chip under the same rules, in double precision: five launches per measurement, the middle three averaged, warm calls in every launch until the 95% confidence interval of their mean was within ±1% or until the call limit. Any test spreading more than 5% is repeated on a second machine of the same type, and the steadier of the two is published. A Black-Scholes call makes 100 passes over the whole batch, each counted as work, so its options per second are options × 100 passes over the time of a call. At every problem size, the option price is validated against the reference implementation's before any time counts. The full method is on How we measure.

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