I believe this is correct. For an H100, the 4 NVLink switches each have 64 ports supporting 25GB/s each, and each GPU uses a total of 18 ports. This gives us 450GB/s bandwidth within the node. But once you start trying to leave the node, you're limited by the per-node InfiniBand cabling, which only gives you 400GB/s out of the entire node (50GB / GPU).