diff --git a/vllm/model_executor/layers/quantization/fp8.py b/vllm/model_executor/layers/quantization/fp8.py
index 21d4355b36ab0..57dd6e310297d 100644
--- a/vllm/model_executor/layers/quantization/fp8.py
+++ b/vllm/model_executor/layers/quantization/fp8.py
@@ -245,20 +245,24 @@ def create_weights(
                 layer.register_parameter("input_scale", None)
 
     def process_weights_after_loading(self, layer: Module) -> None:
-        # Block quant doesn't need to process weights after loading
+        # TODO(rob): refactor block quant into separate class.
         if self.block_quant:
+            assert self.quant_config.activation_scheme == "dynamic"
             if current_platform.is_rocm():
-                weight, weight_scale, _ = \
+                weight, weight_scale_inv, _ = \
                     normalize_e4m3fn_to_e4m3fnuz(
                         weight=layer.weight,
-                        weight_scale=layer.weight_scale_inv,
-                        input_scale=layer.input_scale)
-                layer.weight = Parameter(weight, requires_grad=False)
-                layer.weight_scale_inv = Parameter(weight_scale,
-                                                   requires_grad=False)
+                        weight_scale=layer.weight_scale_inv)
+            else:
+                weight = layer.weight.data
+                weight_scale_inv = layer.weight_scale_inv.data
+
+            # Torch.compile cannot use Parameter subclasses.
+            layer.weight = Parameter(weight, requires_grad=False)
+            layer.weight_scale_inv = Parameter(weight_scale_inv,
+                                               requires_grad=False)
             return
-        layer.weight = torch.nn.Parameter(layer.weight.data,
-                                          requires_grad=False)
+
         # If checkpoint not serialized fp8, quantize the weights.
         if not self.quant_config.is_checkpoint_fp8_serialized:
             qweight, weight_scale = ops.scaled_fp8_quant(layer.weight,
@@ -507,8 +511,9 @@ def create_weights(self, layer: Module, num_experts: int, hidden_size: int,
             layer.w2_input_scale = None
 
     def process_weights_after_loading(self, layer: Module) -> None:
-        # Block quant doesn't need to process weights after loading
+        # TODO (rob): refactor block quant into separate class.
         if self.block_quant:
+            assert self.quant_config.activation_scheme == "dynamic"
             if current_platform.is_rocm():
                 w13_weight, w13_weight_scale_inv, w13_input_scale = \
                     normalize_e4m3fn_to_e4m3fnuz(
@@ -518,22 +523,21 @@ def process_weights_after_loading(self, layer: Module) -> None:
                     normalize_e4m3fn_to_e4m3fnuz(
                         layer.w2_weight, layer.w2_weight_scale_inv,
                         layer.w2_input_scale)
-                # Reset the parameter
-                layer.w13_weight = torch.nn.Parameter(w13_weight,
-                                                      requires_grad=False)
-                layer.w13_weight_scale_inv = torch.nn.Parameter(
-                    w13_weight_scale_inv, requires_grad=False)
-                if w13_input_scale is not None:
-                    layer.w13_input_scale = torch.nn.Parameter(
-                        w13_input_scale, requires_grad=False)
-                layer.w2_weight = torch.nn.Parameter(w2_weight,
-                                                     requires_grad=False)
-                layer.w2_weight_scale_inv = torch.nn.Parameter(
-                    w2_weight_scale_inv, requires_grad=False)
-                if w2_input_scale is not None:
-                    layer.w2_input_scale = torch.nn.Parameter(
-                        w2_input_scale, requires_grad=False)
+            else:
+                w13_weight = layer.w13_weight.data
+                w13_weight_scale_inv = layer.w13_weight_scale_inv.data
+                w2_weight = layer.w2_weight
+                w2_weight_scale_inv = layer.w2_weight_scale_inv
+
+            # torch.compile() cannot use Parameter subclasses.
+            layer.w13_weight = Parameter(w13_weight, requires_grad=False)
+            layer.w13_weight_scale_inv = Parameter(w13_weight_scale_inv,
+                                                   requires_grad=False)
+            layer.w2_weight = Parameter(w2_weight, requires_grad=False)
+            layer.w2_weight_scale_inv = Parameter(w2_weight_scale_inv,
+                                                  requires_grad=False)
             return
+
         # If checkpoint is fp16, quantize in place.
         if not self.quant_config.is_checkpoint_fp8_serialized:
             # If rocm, use float8_e4m3fnuz as dtype