Benchmark insights

Fastest NVIDIA GPU vs fastest AMD GPU we measured: AMD Instinct MI355X ahead on every workload, up to 3.9× faster

The fastest GPU of each vendor we measured, by the geometric mean of its throughput at the ranked size over the four workloads: NVIDIA B200 for NVIDIA, AMD Instinct MI355X for AMD. Measured FP64 FMA ceiling: 36,800 against 71,000 GFLOP/s. Memory bandwidth: 8,000 GB/s each. One GPU each, code tuned for each.

Throughput at the ranked size, 5 November 2026 round; higher is faster. Bars compare within each workload. CPUs in ochre, GPUs in blue; a second chip of the same kind is lighter.

NVIDIA B200: one whole GPU, on the 96 host threads of its memory node. Default power limit, ECC on, clocks not locked. AMD Instinct MI355X: one whole GPU, unpartitioned, with 192 host threads. Power cap 1,400 W, the maker's rated board power, ECC on, clocks not locked.

The hardware

AMD Instinct MI355X
GPU · 2025
Cores
256 (CU)
Clock
2,400 MHz
Measured FP64 FMA ceiling, GFLOP/s
71,000
Memory bandwidth
8,000 GB/s
Memory
288 GB (maker figure)
Power limit
1,400 W
NVIDIA B200
GPU · 2025
Cores
148 (SM)
Clock
1,965 MHz
Measured FP64 FMA ceiling, GFLOP/s
36,800
Memory bandwidth
8,000 GB/s
Memory
179.1 GiB
Power limit
1,000 W

Results

WorkloadAMD Instinct MI355XNVIDIA B200
Swaption portfolio, LMM
paths per second at 1,024K paths
192M/s78.0M/s
Barrier options, Monte Carlo
options per second at 16,000 options
2.71M/s1.67M/s
American options, binomial lattice
options per second at 512K options
7.26M/s1.85M/s
European options, Black-Scholes formula
options per second at 128M options
68.6B/s52.7B/s

Tuned code: tuned for each chip under the same rules. Every size, and every platform, is in the results; each platform name links to its measurement record.

AMD Instinct MI355X is 2.5× faster than NVIDIA B200 on the LMM swaption portfolio; AMD Instinct MI355X is 1.6× faster than NVIDIA B200 on barrier options (Monte Carlo); AMD Instinct MI355X is 3.9× faster than NVIDIA B200 on American options (binomial lattice); AMD Instinct MI355X is 1.3× faster than NVIDIA B200 on European options (Black-Scholes formula).

Energy per result

The LMM swaption portfolio: AMD Instinct MI355X uses 15% less energy per result than NVIDIA B200; Barrier options (Monte Carlo): NVIDIA B200 uses 13% less energy per result than AMD Instinct MI355X; American options (binomial lattice): AMD Instinct MI355X uses 41% less energy per result than NVIDIA B200; European options (Black-Scholes formula): NVIDIA B200 uses 20% less energy per result than AMD Instinct MI355X.

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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