Yes — with 90.7 GB to spare

Qwen2.5-Coder 7B at Q4_K_M fits your M1 Ultra · 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 · 4.3 GB Apache 2.0 Released Nov 2024

The standard local autocomplete model — small enough to keep resident all day, and still the best FIM model under 8B.

What hardware do I need for Qwen2.5-Coder 7B? →

The VRAM budget

weights 4.3 GB
Weights 4.3 GB KV cache @ 8K 0.44 GB Runtime overhead 0.6 GB Free 90.7 GB of 96.0 GB

Quantisation ladder

QuantWeightsTotal @ 8KMax contextTok/sQualityFit
F16 14.2 GB 15.2 GB 128K 31 Reference Long context
Q8_0 7.5 GB 8.6 GB 128K 59 −0.1% ppl Long context
Q6_K 5.8 GB 6.9 GB 128K 77 −0.4% ppl Long context
Q5_K_M 5.0 GB 6.1 GB 128K 89 −0.8% ppl Long context
Q4_K_M 4.3 GB 5.3 GB 128K 104 −1.9% ppl Recommended
Q3_K_M 3.5 GB 4.5 GB 128K 129 −5.4% ppl Long context
Q2_K 3.0 GB 4.0 GB 128K 150 −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/Qwen2.5-Coder-7B-Instruct-4bit \
    --max-tokens 512 --prompt "Hello"

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

01Download is 4.3 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 128K context on this card.
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