The GPU can’t do anything with weights while they are in VRAM. They have to be moved into the GPU itself first.
So it is about memory round-trips, but not between RAM and VRAM. It’s the round trips between the VRAM and the registers in the GPU die. When batch processing, the calculations for all batched requests can be done while the model parameters are in the GPU registers. Compared to if they were done sequentially, you would multiply the number of trips between the VRAM and the GPU by the number of individual inferences.
Also, batched prompts and outputs are indeed mathematically independent from each other.
Moving data to and from VRAM is ~100ns of latency. Moving data from RAM to VRAM through PCIe 5.0 is 1-10us of latency. So, ~1 to ~2 orders of magnitude of difference.
And this is the reason why batching is used - you don't want to pay the price of that latency for each and every CPU-to-GPU request but you want to push as much data as you can through a single round-trip.
Self attention premise is exactly that it isn't context free so it is also incorrect to say that batched requests do not mathematically affect each other. They do, and that's by design.