3D exploded view

NVIDIA H200: inside the AI GPU, explained layer by layer

Explore the NVIDIA H200 SXM module in 3D: from the heatsink to the connectors, by way of the GH100 chip and its 141 GB of HBM3e memory. Each component is explained in simple terms.

141 GB
of HBM3e memory
4.8 TB/s
of memory bandwidth
80 bn
transistors (GH100 die)
700 W
SXM module TDP
Interactive 3D model

From the server to the Tensor Core: the H200 in 3D

The GPU first slides out of its server, then opens up layer by layer down to the compute core. Rotate the view, move the slider, and click a component (in the view or in the list) to understand its role.

3D exploded view of the NVIDIA H200 SXM module: heatsink, HBM3e memory, GH100 chip, interposer, substrate, SXM5 board and connectors

Loading the 3D model…

Drag to rotate · scroll or pinch to zoom · click a part to isolate it

input HBM ↔ GH100 compute output

Educational simulation: the figures are orders of magnitude, and the image is drawn by the page.

And alongside it: the ASIC chip

The GPU runs any algorithm, the ASIC runs only one

The H200 is a programmable processor: its 132 multiprocessors execute whatever program they are given, whether that means training an AI model, rendering a 3D scene or simulating a physical phenomenon. An ASIC mining chip is a dedicated circuit: Bitcoin's double SHA-256 is hard-wired into its transistors. Give both chips the same task to see what each architecture can do.

Give both chips the same task:
The GH100 chip of the NVIDIA H200 surrounded by its six HBM3e memory stacks, rendered from our 3D model
GPU · programmable architecture

NVIDIA H200 (GH100 chip)

One piece of hardware, as many algorithms as there are programs

Bitcoin: about 10 billion hashes per second (10 GH/s) at 700 W

  • Programmable: the same chip trains an AI model, renders 3D scenes or simulates the climate, depending on the program loaded
  • Every instruction is fetched, decoded and scheduled before being executed: that is the price of flexibility
  • A large share of the silicon is used for control, caches and data movement, not for the computation itself
See the GH100 chip in 3D
BM1368 ASIC chips lined up on an Antminer S21 Hydro hashboard, rendered from our 3D model
ASIC · dedicated circuit

Bitmain BM1368 (Antminer S21 Hydro)

A single algorithm, hard-wired into the silicon

Bitcoin: ≈ 500 billion hashes per second (0.5 TH/s) per chip, at ≈ 8 W

  • The algorithm is the circuit: the 128 rounds of double SHA-256 are hard-wired, stage by stage
  • No instructions to fetch, no cache, no external memory: no cycles wasted on control
  • A new nonce enters on every clock cycle, in hundreds of engines running in parallel
See the BM1368 chips in 3D

GPU figures for SHA-256: Happy Mining estimate based on the H200's integer compute throughput; ASIC figures: the S21 Hydro's 335 TH/s and 5,360 W spread across its 648 chips (3 boards of 216).

Read the ASIC vs GPU comparison

Why ASICs are thousands of times more efficient at mining bitcoin

  1. 1

    The circuit is the algorithm

    In an ASIC, SHA-256 is not a program you load: it is the very shape of the transistors, stage by stage. Nothing to fetch, nothing to decode: data enters one end of the pipeline and the hash comes out the other, on every clock cycle.

  2. 2

    All the silicon does the work

    On a GPU, a large part of the chip is used to decide what to do: fetching instructions, scheduling threads, managing caches and memory. On a mining ASIC, almost the entire surface is made of identical hashing engines, and each one produces a result on every clock tick.

  3. 3

    The price of flexibility

    Every control step costs time and energy: a single 8 W BM1368 chip computes around fifty times more hashes than a 700 W H200, with 85 times less energy. The reverse is also true: the mining ASIC has no circuit for anything other than SHA-256. To run a language model, you need a chip built to multiply matrices: a GPU, or an ASIC designed for AI such as Google's TPU.

GPU and ASIC, point by point

CriterionGPU (NVIDIA H200)ASIC (Bitmain BM1368)
What the chip can doAny program: AI, 3D rendering, simulation, video…Only one thing: bitcoin's double SHA-256
How it is given workA (CUDA) program of billions of instructionsA block header and a range of nonces to try
What the silicon is used forComputation, but also schedulers, registers, caches and memory controllersAlmost exclusively identical SHA-256 engines
Memory141 GB of HBM3e at 4.8 TB/sNo external memory: a few registers per engine
Size and power consumptionOne large 814 mm² chip, up to 700 W648 small chips per machine, ≈ 8 W each
Bitcoin (SHA-256)≈ 10 GH/s: never profitable≈ 0.5 TH/s per chip, 335 TH/s per machine
Artificial intelligenceWhat it was built for: up to 3,958 TFLOPS in FP8Impossible
If the use case changesThe same hardware can be used for other programsUseful as long as mining earns more than the electricity it consumes
Fonctionnement

Comment fonctionne un GPU H200 ?

Un GPU d'IA fait une seule chose, mais à une échelle gigantesque : multiplier des matrices. Voici le trajet des données dans un H200.

  1. 1

    Le modèle est chargé en mémoire

    Les poids du modèle (un LLM de 70 milliards de paramètres en FP8 occupe environ 70 Go) sont copiés depuis le serveur vers la HBM3e du GPU, via les connecteurs SXM et le bus PCIe 5.0.

    PCIe 5.0 : 128 Go/s
  2. 2

    La HBM alimente la puce

    Pour générer chaque mot, le GPU relit l'ensemble des poids. En inférence, la bande passante mémoire est donc le goulot d'étranglement : c'est pour cela que le H200 génère jusqu'à 2 fois plus vite que le H100 avec la même puce.

    4,8 To/s
  3. 3

    Les Tensor Cores calculent

    528 Tensor Cores multiplient des matrices en FP8, FP16 ou TF32. Le Transformer Engine choisit automatiquement la précision la plus basse qui ne dégrade pas le résultat, pour aller plus vite.

    Jusqu'à 3 958 TFLOPS FP8*
  4. 4

    Les 8 GPU se parlent en NVLink

    Un modèle trop gros pour un seul GPU est découpé sur les 8 H200 d'un serveur HGX. NVLink et NVSwitch leur donnent accès aux 1,1 To de mémoire cumulée comme s'il s'agissait d'une seule carte.

    900 Go/s par GPU
Fiche technique

NVIDIA H200 SXM, H200 NVL et H100 : les chiffres

Mêmes cœurs Hopper, mémoire différente : le H200 reprend la puce GH100 du H100 avec 141 Go de HBM3e au lieu de 80 Go de HBM3.

CaractéristiqueH200 SXMH200 NVL (PCIe)H100 SXM
Architecture / puceHopper – GH100Hopper – GH100Hopper – GH100
Mémoire141 Go HBM3e141 Go HBM3e80 Go HBM3
Bande passante mémoire4,8 To/s4,8 To/s3,35 To/s
FP8 Tensor Core*3 958 TFLOPS3 341 TFLOPS3 958 TFLOPS
FP16 / BF16 Tensor Core*1 979 TFLOPS1 671 TFLOPS1 979 TFLOPS
Consommation (TDP)Jusqu'à 700 WJusqu'à 600 WJusqu'à 700 W
FormatModule SXM5 (HGX 4 ou 8 GPU)Carte PCIe double slotModule SXM5
InterconnexionNVLink 900 Go/s + PCIe 5.0Pont NVLink 2 à 4 GPU + PCIe 5.0NVLink 900 Go/s + PCIe 5.0
RefroidissementPassif, air ou liquide (par le serveur)Passif, flux d'air du châssisPassif, air ou liquide

* Performances Tensor Core avec sparsité (diviser par deux sans). Source : fiches techniques NVIDIA.

What is the NVIDIA H200?

The NVIDIA H200 Tensor Core is the data center GPU of the Hopper generation, announced in November 2023 and shipping since the second quarter of 2024. It is the direct successor to the H100 and uses the same GH100 chip: same architecture, same 16,896 CUDA cores, same 528 Tensor Cores. What changes is the memory: the H200 is the world's first GPU equipped with HBM3e, with 141 GB and 4.8 TB/s of bandwidth, versus 80 GB and 3.35 TB/s for the H100.

At Happy Mining, we install professional GPUs in AI servers and workstations for companies, laboratories and hosting providers. The question “H100 or H200?” comes up in every project. This page answers it by showing what is inside the module, layer by layer, in our 3D exploded view.

Inside the H200, layer by layer

A data center GPU is not just a bigger graphics card. The H200 SXM5 module is a sandwich of seven main layers, from bottom to top:

  1. The SXM mezzanine connectors, under the board, which replace the PCIe slot and power cables of a conventional card. They carry power, PCIe 5.0 to the CPU and the NVLink connections to the other GPUs.
  2. The SXM5 board (about 14 × 10 cm), a multilayer printed circuit board that carries the power stages (VRM), the capacitors and the GPU package.
  3. The substrate, a miniature, very dense printed circuit board on which the chip + memory assembly is mounted, surrounded by a metal stiffener frame.
  4. The silicon interposer, the heart of TSMC's CoWoS-S technology: a passive layer containing the thousands of traces that connect the GPU to the memory.
  5. The GH100 chip (814 mm², 80 billion transistors, TSMC 4N process) and, around it, six HBM3e stacks of 24 GB each.
  6. The thermal interface, which provides contact between the chips and the cooling system.
  7. The heatsink: a passive fin block with no fan, or a cold plate in liquid-cooled servers.

In the 3D view, click each component to read what it does. The key point to remember: the memory sits right next to the GPU, a few millimeters away, on the same interposer. This is what makes possible a bandwidth that cannot be achieved with GDDR memory soldered onto the board, as on a gaming graphics card.

141 GB of HBM3e: why memory makes all the difference

For a large language model (LLM), generating a word means reading all of the model's weights again and multiplying them by the current state. A 70-billion-parameter model in FP8 takes up about 70 GB: for every token, the GPU reads 70 GB. At 4.8 TB/s, the H200 can theoretically do this nearly 70 times per second, versus around fifty for the H100. In practice, NVIDIA measures up to 1.9 times more throughput on Llama 2 70B, because the extra memory also makes it possible to process more requests in parallel (larger batch) and to keep a longer context in memory (the “KV cache”).

In concrete terms, 141 GB means:

  • a model with 70 billion parameters in FP8 on a single GPU, with room left for context;
  • a 30 to 40 billion parameter model in FP16 (full precision);
  • on an 8-GPU server, 1.1 TB of combined memory: enough to serve Llama 3.1 405B or DeepSeek R1 in FP8, or to train a model with 100 to 180 billion parameters using fewer machines.

If your model already fits comfortably in 80 GB, the H200's advantage over the H100 is more modest: both have the same computing power. The H200 makes sense when memory or memory bandwidth is the limiting factor, which is the case for almost all LLM inference deployments.

H200 SXM or H200 NVL: which version should you choose?

The H200 comes in two form factors, and they do not fit in the same machines.

H200 SXM: the module for HGX servers

This is the version shown in our 3D model. The module is screwed onto an HGX H200 baseboard with 4 or 8 GPUs, where NVSwitch chips interconnect all the GPUs via NVLink at 900 GB/s each. Power up to 700 W per GPU, with air or liquid cooling depending on the chassis. This is the form factor of the 8 × H200 AI servers we offer: over 32 PFLOPS of FP8 and 1.1 TB of HBM3e in a single chassis.

H200 NVL: the PCIe card

Announced at the end of 2024, the H200 NVL card offers the same 141 GB of HBM3e in a dual-slot PCIe form factor, 600 W, passively cooled by the server's airflow. Two or four cards are linked by an NVLink bridge (up to 1.8 TB/s combined and 564 GB of shared memory for 4 cards). Performance is about 15% lower than the SXM version, but the card fits in a standard server, in sets of 1, 2, 4 or 8: ideal for getting started or for equipping an existing server room.

H200 vs H100: what really changes

Specification H100 SXM H200 SXM Difference
Memory 80 GB HBM3 141 GB HBM3e × 1.8
Memory bandwidth 3.35 TB/s 4.8 TB/s × 1.4
Compute performance (FP8, FP16, FP64) Identical (same GH100 chip) —
Power consumption 700 W 700 W —
Llama 2 70B inference 1× up to 1.9× +90%
Server compatibility HGX H200 boards are compatible with HGX H100 chassis —

Another practical point: HGX H200 servers are hardware- and software-compatible with HGX H100 systems. A hosting provider already running H100s can move to the H200 without changing its infrastructure, drivers or software stack (CUDA, TensorRT-LLM, vLLM…).

Power, cooling and energy consumption

An H200 SXM draws up to 700 W. A complete HGX H200 server, with its 8 GPUs, two CPUs, memory and network cards, exceeds 10 kW: you need to plan for the electrical supply (four redundant 3,000 W power supplies is a common configuration) and for heat removal. There are two approaches:

  • Air cooling: each GPU carries a passive finned heatsink like the one in the 3D model, and a row of high-pressure fans pushes air through the chassis. Simple, but noisy and demanding on the room's air conditioning.
  • Liquid cooling: a cold plate replaces the heatsink on each GPU and water carries the heat away to a heat exchanger. More compact chassis (4U for 8 GPUs), less noise, and heat that is easier to recover.

This heat does not have to go to waste. As with our mining projects powered by local electricity generation, an AI server can make use of surplus energy or heat a building. We study these configurations on a case-by-case basis.

What is it used for?

  • Production LLM inference: chatbots, document assistants, code generation, with models from 30 to 400 billion parameters. This is the use case where the H200 pulls furthest ahead of the H100.
  • Fine-tuning and training: adapting a model to your data (LoRA, full training) on 1 to 8 GPUs, or training mid-sized models on a cluster.
  • Private, sovereign AI: running an AI assistant on your own documents, on your premises, without any data leaving the company.
  • Scientific computing (HPC): simulation, fluid dynamics, genomics, with 34 TFLOPS of FP64 and the memory for larger datasets.
  • Renting out computing power: an H200 server can be rented out by the hour on GPU marketplaces; our GPU profitability calculator gives an order of magnitude of the possible revenue.

NVIDIA H200 price and availability in France

The price of an H200 depends on the form factor, the volume and the timing: the AI GPU market changes every quarter. As an order of magnitude, an H200 NVL card sells for between 30,000 and 45,000 € excl. VAT, and a complete 8-GPU HGX H200 server costs several hundred thousand euros. Lead times range from a few days to several weeks depending on manufacturers' stock.

We offer H200 cards and servers on quotation, or with a reservation by deposit, refunded in full if the quote does not suit you. We size the configuration with you (number of GPUs, CPUs, memory, networking, cooling), we deliver new, tested hardware, and we can install and host it. For a more accessible first step, our AI workstations built around professional cards with 16 to 96 GB start at a few thousand euros.

H200 or B200: should you wait for Blackwell?

The B200 and B300 (Blackwell architecture) are faster, especially in FP4 for inference, with 180 to 288 GB of memory per GPU. But they draw 1,000 W or more, often require liquid cooling and cost considerably more. In 2026, the H200 still offers an excellent performance-to-price ratio: a fully mature software ecosystem, reasonable availability and compatibility with existing server rooms. For a project that needs to be running this year, in infrastructure that is already in place, it is often the sensible choice; for a new cluster sized for several years, we also offer HGX B200 and B300 servers.

Frequently asked questions

Your questions about the NVIDIA H200

What is the difference between the NVIDIA H200 and the H100?

Only the memory. Both use the same GH100 chip (Hopper architecture, 16,896 CUDA cores, 528 Tensor Cores), but the H200 carries 141 GB of HBM3e at 4.8 TB/s, versus 80 GB of HBM3 at 3.35 TB/s for the H100. The result: up to 2 times higher inference throughput on large language models (Llama 70B, for example), and larger models on a single GPU, for the same 700 W power draw.

How much does an NVIDIA H200 cost?

Prices depend heavily on volume and on the market: expect somewhere around €30,000 to €45,000 excl. VAT for an H200 NVL card (PCIe), and several hundred thousand euros for a complete 8-GPU HGX H200 server. We offer H200 NVL cards and 8 × H200 SXM servers on quotation, with a reservation deposit that is refunded in full if the quote does not suit you.

H200 SXM or H200 NVL: which one should you choose?

The H200 SXM is a module that can only be installed in an HGX server with 4 or 8 GPUs, linked by NVLink and NVSwitch (900 GB/s per GPU): it is the choice for training and inference of very large models. The H200 NVL is a conventional PCIe card (dual-slot, 600 W) that can be installed in a standard server, on its own or in groups of 2 to 4 cards linked by an NVLink bridge: simpler to deploy, slightly less fast.

Which language models can you run on an H200?

With 141 GB, a single H200 runs a 70-billion-parameter model in FP8 with a comfortable context, or a 30 to 40-billion-parameter model in FP16. An 8-GPU HGX H200 server (1.1 TB of combined memory) runs Llama 3.1 405B or DeepSeek V3/R1 in FP8, and trains models with 100 to 180 billion parameters.

Is the NVIDIA H200 profitable for cryptocurrency mining?

No. The H200 is designed for artificial intelligence, not for mining: at its price, no GPU algorithm makes it pay off. To mine Bitcoin, an Antminer ASIC is thousands of times more efficient; to make a professional GPU profitable, renting out AI computing power is the right approach: see our GPU profitability calculator.

Does an H200 need liquid cooling?

Not necessarily. HGX H200 servers come in air-cooled versions (large fans and passive heatsinks, as on our 3D model) and liquid-cooled versions (cold plates on each GPU). Liquid cooling allows more compact chassis and a quieter server room, but requires a water loop. For 1 to 4 H200 NVL cards, a properly ventilated air-cooled server is sufficient.

H200 or B200: should you wait for Blackwell?

The B200 (Blackwell architecture) is faster, especially in FP4 for inference, but it is also more expensive, more power-hungry (up to 1,000 W) and often liquid-cooled. The H200 still offers excellent price/performance in 2026, with a fully mature software ecosystem: it is often the right choice for a first AI server or for a deployment in an existing room. We also offer HGX B200 servers, so let's talk.

Can you install an H200 in a PC or a workstation?

Not the H200 SXM: it only exists as a module for an HGX board. The H200 NVL is a PCIe card, but it is passively cooled (no fan) and draws up to 600 W: it needs the forced airflow of a server chassis. For a workstation, we recommend our AI workstations instead, built around actively cooled cards.

An AI project with H200s?

8-GPU HGX server, H200 NVL card or AI workstation: we size the configuration and send you a quote within 48 hours.