Side-by-side comparison of pricing, 12 benchmarks, and generation speed.
| Metric | Nemotron 3.5 Lightning | Hy3-preview (Reasoning) |
|---|---|---|
| Input ($/M tokens) | $0.07 | $0.06 |
| Output ($/M tokens) | $0.22 | $0.21 |
Verdict. Nemotron 3.5 Lightning and Hy3-preview (Reasoning) split the benchmark comparison evenly at 1–1. The tiebreaker here is price, speed, and what you actually run them on.
Pricing. Both models sit in the budget bracket for output-token pricing. At 1.0× the per-million-token cost, Hy3-preview (Reasoning) is meaningfully cheaper if your traffic is output-heavy (long completions, document generation, agent loops). Hy3-preview (Reasoning) makes more sense when output volume is low and absolute reasoning quality justifies the premium.
Strengths. Nemotron 3.5 Lightning is strongest on Coding Index (26.8), Intelligence Index (23.6). Hy3-preview (Reasoning) leads on Intelligence Index (34.4).
Speed. Speed data is incomplete for this pair; benchmark and price should decide.
Provider. NVIDIA and Tencent sell to overlapping but distinct developer audiences: NVIDIA tends to ship frontier reasoning models with premium positioning, while Tencent often prices more aggressively. Your existing vendor relationships, billing, and SLA preferences may matter as much as the raw numbers above.
Workload cost. Workload scenarios (per million requests at 30M input + 15M output tokens): Nemotron 3.5 Lightning costs $5.40 ($65/year); Hy3-preview (Reasoning) costs $4.95 ($59/year). At a smaller 5M-input/2M-output scale (single-developer tool or prototype): Nemotron 3.5 Lightning ≈ $0.79/run, Hy3-preview (Reasoning) ≈ $0.72/run. At agent/realtime scale (200M input / 100M output per million requests): Nemotron 3.5 Lightning ≈ $36/run, Hy3-preview (Reasoning) ≈ $33/run. Hy3-preview (Reasoning) becomes more attractive at higher volume — the absolute per-token pricing difference compounds when you ship at scale.
Recommendation. Both models have legitimate use cases — the right answer depends on whether you are optimizing for benchmark ceiling, latency, or unit cost. Start with the cheaper / faster model, evaluate against your specific task, and only switch if the upgrade shows a meaningful lift.
Head-to-head deltas
Data from Artificial Analysis API — 12 benchmarks
Hy3-preview (Reasoning) is cheaper overall. Its blended price (3:1 input/output ratio) is $0.10/M tokens vs $0.11/M for Nemotron 3.5 Lightning.
It's a tie — both models win 1 benchmarks each across 12 evaluated categories. See the detailed benchmark chart above for per-category results.
Nemotron 3.5 Lightning generates tokens faster at 302 tok/s vs — tok/s. Nemotron 3.5 Lightning also has lower time-to-first-token (1.16s vs —s).
Choose based on your priorities: Hy3-preview (Reasoning) for lower cost, both perform similarly on benchmarks, and Nemotron 3.5 Lightning for faster generation. For latency-sensitive apps, check the TTFT comparison above.