Yes — with 156.6 GB to spare

Qwen3.5 397B-A17B at Q4_K_M fits your M3 Ultra · 512 GB entirely in unified memory at 8K context, at an estimated 22 tokens per second. There is room for its full 256K window.

Fully in unified memory 8K context Q4_K_M · 226.6 GB Apache 2.0 Released 16 Feb 2026 Vision Not in the Ollama library

Flagship-class at 17B active. A 256 GB Mac Studio or a multi-GPU box at Q4.

What hardware do I need for Qwen3.5 397B-A17B? →

The VRAM budget

weights 226.6 GB
Weights 226.6 GB KV cache @ 8K 0.23 GB Runtime overhead 0.6 GB Free 156.6 GB of 384.0 GB

Quantisation ladder

QuantWeightsTotal @ 8KMax contextTok/sQualityFit
Q8_0 398.8 GB 399.6 GB ~12 −0.1% ppl 15.6 GB over
Q6_K 307.8 GB 308.6 GB 256K 16 −0.4% ppl Long context
Q5_K_M 266.0 GB 266.8 GB 256K 19 −0.8% ppl Long context
Q4_K_M 226.6 GB 227.4 GB 256K 22 −1.9% ppl Recommended
Q3_K_M 183.4 GB 184.3 GB 256K 27 −5.4% ppl Long context
Q2_K 157.2 GB 158.0 GB 256K 31 −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. Only 15 of its 60 blocks keep a per-token KV cache; the rest are linear-attention, Mamba or convolution blocks with a fixed-size state.

How to run it

terminal
$ pip install mlx-lm
$ mlx_lm.generate --model mlx-community/Qwen3.5-397B-A17B-4bit \
    --max-tokens 512 --prompt "Hello"

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

01Download is 226.6 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 384.0 GB of 512 GB. Raising it with iogpu.wired_limit_mb is possible, and risky.
03There is room to go to the model's full 256K context on this card.
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