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Mac Studio M2 Ultra 192GB vs V100 32GB SXM2 for Local LLMs

The V100 32GB SXM2 has about 12% more memory bandwidth (900 vs 800 GB/s). Batch-1 decode tracks bandwidth closely, so a model that fits both cards should decode roughly 12% faster on the V100 32GB SXM2. The Mac Studio M2 Ultra 192GB fits more of the catalog at Q4/8K — 61 vs 43 of 73 models (192 vs 32 GB VRAM). Largest model that fits the Mac Studio M2 Ultra 192GB but not the V100 32GB SXM2: MiMo-V2.5 (310.0B). MSRP is $6,999 for the Mac Studio M2 Ultra 192GB vs $10,000 for the V100 32GB SXM2. MSRP is a launch list price, not live retail — Amazon prices move; click through for the current price. Not retail-shoppable: V100 32GB SXM2 (datacenter-class; cloud rental is the realistic way to use it). In the Q4/8K head-to-head below (57 shared models), the V100 32GB SXM2 posts the higher tok/s in 48 rows vs 9. Methodology.

Spec comparison

Mac Studio M2 Ultra 192GBV100 32GB SXM2
VendorAppleNVIDIA
VRAM192 GB32 GB
Memory typeLPDDR5HBM2
Memory bandwidth800 GB/s900 GB/s
TDP370 W300 W
MSRP (list)$6,999$10,000
BuySearch Amazon—

MSRP is the launch list price, not live retail. Buy links are Amazon affiliate links — the price after you click is the live price.

Q4 / 8K head-to-head — top 15 of 57 shared models

ModelParams (B)Mac Studio M2 Ultra 192GB tok/sMac Studio M2 Ultra 192GB fitsV100 32GB SXM2 tok/sV100 32GB SXM2 fitsWinner
MiniCPM5-1B1.08417.2 est.Yes895.6 est.YesV100 32GB SXM2
Qwen3.5-2B2.0225.3 est.Yes483.6 est.YesV100 32GB SXM2
DeepSeek-R1-0528-Qwen3-8B-layer-mix-bpw-3.8-mlx2.3195.9 est.Yes420.5 est.YesV100 32GB SXM2
Qwen3.6-35B-A3B36.0150.2 est.Yes322.4 est.YesV100 32GB SXM2
Qwen3.5-35B-A3B34.7150.2 est.Yes322.4 est.YesV100 32GB SXM2
GLM-4.7-Flash31.2150.2 est.Yes322.4 est.YesV100 32GB SXM2
Qwen3-30B-A3B-Instruct-250730.5150.2 est.Yes322.4 est.YesV100 32GB SXM2
Nemotron-3-Nano-Omni-30B-A3B-Reasoning-BF1630.0150.2 est.Yes322.4 est.YesV100 32GB SXM2
Ornith-1.0-35B35.0150.2 est.Yes322.4 est.YesV100 32GB SXM2
qwen35b-a3b-fable-sft-abliterated34.7150.2 est.Yes322.4 est.YesV100 32GB SXM2
Llama-3.2-3B-Instruct3.2140.8 est.Yes302.3 est.YesV100 32GB SXM2
gpt-oss-20b21.5116.1 measuredYes268.7 est.YesV100 32GB SXM2
Qwen3-Coder-Next79.7150.2 est.Yes268.3 est.NoV100 32GB SXM2
Qwen3-Next-80B-A3B-Instruct81.3150.2 est.Yes258.2 est.NoV100 32GB SXM2
gemma-4-26B-A4B-it25.2118.6 est.Yes254.5 est.YesV100 32GB SXM2

est. = bandwidth-based estimate; measured = curated real benchmark that overrides the estimate. Fits = weights + KV(8K) + 1 GB overhead ≤ 95% of VRAM.

Fit coverage at Q4 / 8K

Mac Studio M2 Ultra 192GBV100 32GB SXM2
Catalog models that fit61 of 7343 of 73
Largest exclusive fitMiMo-V2.5 (310.0B)—

Mac Studio M2 Ultra 192GB details → · V100 32GB SXM2 details →