A throughput ratio is not a hardware decomposition
Keep AMD’s reported workload result separate from capacity and bandwidth ratios, then identify the evidence needed to explain it.
AI-assisted learning visualization · schematic article explanation
The claim concerns AMD’s selected DeepSeek V4 Flash FP4 test against MI355X. It cannot be transferred to another GPU baseline or an arbitrary workload.
AMD says its MI455X delivers 34× the token throughput of MI355X. The claim comes from AMD Performance Labs measurements and calculations in July 2026 using DeepSeek V4 Flash with FP4 serving at low, medium, and high interactivity points. It is a vendor-reported result for that workload, not an independently reproduced result or a general GPU speed ratio1.
What can be checked from specifications
| Published specification | MI455X | MI355X | Ratio |
|---|---|---|---|
| HBM capacity per GPU | 432 GB HBM42 | 288 GB HBM3E3 | 1.50× |
| Peak HBM bandwidth per GPU | 23.3 TB/s2 | 8 TB/s3 | 2.91× |
| Dense FP16 matrix peak | 5 PFLOPS2 | 2.5166 PFLOPS3 | 1.99× |
An earlier AMD Helios brochure uses 19.6 TB/s per MI455X rather than 23.3 TB/s; using that figure makes the peak-bandwidth ratio 2.45×. The brochure labels its specifications engineering projections subject to change. The newer product-page figure should be checked against the delivered system before either value is used for capacity planning2.
These are independent hardware properties. Multiplying the 2.91× bandwidth ratio by the 1.50× capacity ratio does not produce a 4.37× “silicon contribution” to throughput. For a simple memory-bound, single-sequence decode with the same model representation on both GPUs, the ideal bandwidth-only ratio would be 2.91×. More capacity may allow a larger model, longer context, or more concurrent requests; its effect on throughput depends on the workload and scheduler. Compute and communication can become the limiting factors.
What the 34× disclosure does not identify
AMD's footnote names the model family, FP4 serving, comparison GPU, and three interactivity levels. It does not publish the full benchmark harness, checkpoint identity, input and output token lengths, request mix, batch or concurrency settings, serving-engine versions, complete hardware topology, absolute tokens per second, or uncertainty across runs1. The footnote does not let a reader isolate the effect of memory bandwidth, model placement, quantization, speculative decoding, or software tuning.
Dividing 34 by a specification ratio produces a numerical quotient, not an attribution. In particular, the source does not show that speculative decoding or any specific precision mismatch accounts for a stated fraction of the result. Neither the 34× claim nor the hardware ratios can be transferred to an NVIDIA GB300 comparison: AMD's stated baseline is its own MI355X1.
How to use the claim
For a deployment decision, ask for the full MI455X and MI355X test configurations and run the intended checkpoint at the same precision, context lengths, concurrency, and latency targets. Report both output tokens per second and latency (including time to first token), plus memory headroom and power. Until those measurements exist, the defensible conclusion is narrow: AMD reports 34× on its selected DeepSeek V4 Flash FP4 test, while its published peak memory-bandwidth and capacity ratios are 2.91× and 1.50× respectively123.
Related reading
Footnotes
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AMD, AAI 2026: AMD Delivers Full-Stack Compute for the Agentic AI Era, July 23, 2026. Main text states the 34× throughput claim; footnote 7 (MI400-020) specifies AMD Performance Labs, July 2026, DeepSeek V4 Flash with FP4 serving, MI355X baseline, and low/medium/high interactivity. https://ir.amd.com/news-events/press-releases/detail/1294/aai-2026-amd-delivers-full-stack-compute-for-the-agentic-ai-era ↩ ↩2 ↩3 ↩4
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AMD, Instinct MI455X product specifications: 432 GB HBM4, peak 23.3 TB/s, dense FP16 matrix 5 PFLOPS. AMD's Helios brochure states 19.6 TB/s per GPU. https://www.amd.com/en/products/accelerators/instinct/mi400/mi455x.html ; https://www.amd.com/content/dam/amd/en/documents/solutions/ai/amd-helios-bro.pdf ↩ ↩2 ↩3 ↩4 ↩5
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AMD, Instinct MI355X product specifications: 288 GB HBM3E, peak 8 TB/s, dense FP16 matrix 2.5166 PFLOPS. https://www.amd.com/en/products/accelerators/instinct/mi350/mi355x.html ↩ ↩2 ↩3 ↩4