Yes — with 85.6 GB to spare

Phi-4 14B at Q4_K_M fits your M3 Max · 128 GB entirely in unified memory at 8K context, at an estimated 27 tokens per second. There is room for its full 16K window.

Fully in unified memory 8K context Q4_K_M · 8.3 GB MIT Released Dec 2024

Trained heavily on synthetic reasoning data. Short 16K window is its main limitation.

What hardware do I need for Phi-4 14B? →

The VRAM budget

weights 8.3 GB
Weights 8.3 GB KV cache @ 8K 1.56 GB Runtime overhead 0.6 GB Free 85.6 GB of 96.0 GB

Quantisation ladder

QuantWeightsTotal @ 8KMax contextTok/sQualityFit
F16 27.4 GB 29.5 GB 16K 8.2 Reference Fits
Q8_0 14.5 GB 16.7 GB 16K 15 −0.1% ppl Fits
Q6_K 11.2 GB 13.4 GB 16K 20 −0.4% ppl Fits
Q5_K_M 9.7 GB 11.9 GB 16K 23 −0.8% ppl Fits
Q4_K_M 8.3 GB 10.4 GB 16K 27 −1.9% ppl Recommended
Q3_K_M 6.7 GB 8.9 GB 16K 33 −5.4% ppl Fits
Q2_K 5.7 GB 7.9 GB 16K 39 −15% ppl Fits

Quality is the published perplexity delta against f16 weights. Max context assumes an f16 KV cache; q8_0 roughly doubles it.

How to run it

terminal
$ pip install mlx-lm
$ mlx_lm.generate --model mlx-community/phi-4-4bit \
    --max-tokens 512 --prompt "Hello"

Apple's own array framework. The fastest path on Apple Silicon. More on MLX.

01Download is 8.3 GB. Keep it on an SSD — a first load off a spinning disk takes minutes.
02macOS caps what the GPU may wire down at about 96.0 GB of 128 GB. Raising it with iogpu.wired_limit_mb is possible, and risky.
03There is room to go to the model's full 16K context on this card.
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