Blackwell + TRT-LLM stack — where the 7x cost gap comes from precision regime on Blackwell weights : NVFP4 (4-bit microscaling) half the bytes per decoded token vs FP8 day-0 FP4 weights shipped by model providers KV cache : FP8 (stays critical) FP4 KV collapses attention tails FP8 exponent bits preserve dynamic range activations : NVFP4 small-range within a layer; FP4 holds up MXFP8 variant available on Tensor Cores attention accumulator : FP32 softmax stability requires higher precision no negotiation on this tier the quality caveat NVFP4 weights on reasoning workloads : math, chain-of-thought, long-context code : visible quality drop without per-block calib recovery : FP8 weights + FP4 activations or stay on H200 with FP8 throughout always validate eval quality pre-migration stack layers that stack the gap 1 / hardware bandwidth H100 3.35 TB/s vs B200 8.0 TB/s : ~2.4x decode is memory-bound; this is the floor 2 / NVFP4 weights halve bytes per token : ~2.0x NVFP4 is the only weight precision that matters now 3 / MTP draft multi-token prediction head : ~1.8x on accepted tokens integrated in the TRT-LLM build 4 / disaggregated prefill/decode Dynamo orchestrates separate GPU pools : ~1.6-2.5x NVLink 5 for KV cache transfer 5 / NVLink 5 all-to-all MoE expert comm latency cut 3x vs Hopper MoE-heavy models get extra multiplier headline numbers (2026) HGX B200 : $0.02/M tok GPT-OSS-120B GB200 NVL72 + Dynamo : $0.012/M tok H100 + vLLM : $0.09/M tok