Yes — with 68.2 GB to spare

Phi-4-mini 3.8B at Q4_K_M fits your M2 Max · 96 GB entirely in unified memory at 8K context, at an estimated 104 tokens per second. There is room for its full 128K window.

Fully in unified memory 8K context Q4_K_M · 2.2 GB MIT Released Feb 2025

MIT-licensed, dense, and unusually strong on instruction following for its size.

What hardware do I need for Phi-4-mini 3.8B? →

The VRAM budget

weights 2.2 GB
Weights 2.2 GB KV cache @ 8K 1.00 GB Runtime overhead 0.6 GB Free 68.2 GB of 72.0 GB

Quantisation ladder

QuantWeightsTotal @ 8KMax contextTok/sQualityFit
F16 7.2 GB 8.8 GB 128K 31 Reference Long context
Q8_0 3.8 GB 5.4 GB 128K 59 −0.1% ppl Long context
Q6_K 2.9 GB 4.5 GB 128K 76 −0.4% ppl Long context
Q5_K_M 2.5 GB 4.1 GB 128K 88 −0.8% ppl Long context
Q4_K_M 2.2 GB 3.8 GB 128K 104 −1.9% ppl Recommended
Q3_K_M 1.7 GB 3.3 GB 128K 128 −5.4% ppl Long context
Q2_K 1.5 GB 3.1 GB 128K 149 −15% ppl Long context

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-mini-instruct-4bit \
    --max-tokens 512 --prompt "Hello"

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

01Download is 2.2 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 72.0 GB of 96 GB. Raising it with iogpu.wired_limit_mb is possible, and risky.
03There is room to go to the model's full 128K context on this card.
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