Yes — with 92.2 GB to spare

Phi-4-mini 3.8B at Q4_K_M fits your M3 Max · 128 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 92.2 GB of 96.0 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 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 128K context on this card.
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