diff --git a/thunder/benchmarks/targets.py b/thunder/benchmarks/targets.py
index 97038e787..5fe470d04 100644
--- a/thunder/benchmarks/targets.py
+++ b/thunder/benchmarks/targets.py
@@ -71,14 +71,45 @@ def is_requires_grad(type: ComputeType):
 )
 
 
+import functools
+
+
+def timer_and_memory_stats(benchmark) -> float:
+    def deco(func):
+        @functools.wraps(func)
+        def wrapper():
+            ret = func()
+            benchmark.extra_info["max_allocated_memory(MB)"] = torch.cuda.max_memory_allocated() / (1024 * 1024.0)
+            torch.cuda.reset_peak_memory_stats()
+            return ret
+
+        return wrapper
+
+    return deco
+
+
+from contextlib import contextmanager
+
+
+@contextmanager
+def record_peak_allocated_memory(benchmark):
+    old_timer = benchmark._timer
+    benchmark._timer = timer_and_memory_stats(benchmark)(benchmark._timer)
+    try:
+        yield
+    finally:
+        benchmark._timer = old_timer
+
+
 def benchmark_for_compute_type(compute_type: ComputeType, benchmark, fn: Callable, args, kwargs):
-    match compute_type:
-        case ComputeType.INFERENCE | ComputeType.TRAINING_FORWARD:
-            benchmark(fn, *args, **kwargs)
-        case ComputeType.TRAINING_BACKWARD:
-            backward_fn, backward_setup = backward_only(fn, *args, **kwargs)
-            backward_args = backward_setup()
-            benchmark(backward_fn, *backward_args)
+    with record_peak_allocated_memory(benchmark):
+        match compute_type:
+            case ComputeType.INFERENCE | ComputeType.TRAINING_FORWARD:
+                benchmark(fn, *args, **kwargs)
+            case ComputeType.TRAINING_BACKWARD:
+                backward_fn, backward_setup = backward_only(fn, *args, **kwargs)
+                backward_args = backward_setup()
+                benchmark(backward_fn, *backward_args)
 
 
 def interpreter_fwd(module: Callable):