Sunk Cost sunkcost.ai Data checked 2026-09-03

Can a Mac Studio M3 Ultra, 256GB run local LLMs?

Yes — 44 of the 48 current models on this site fit in its 192 GB of usable memory, and one more if you keep the window shorter than 32k. The strongest it holds, GLM-5.3-Flash, runs at 22 tok/s with a 32k window, worked out from memory bandwidth. Whether that saves you money is a different question: at its $7,099 launch price and 500k tokens a day, it pays back in 2,379 years.

Price$7,099 at launch — discontinued
Memory256 GB, about 192 GB of it addressable by the GPU at 819 GB/s
Best model it runsGLM-5.3-Flash — Sonnet-class, 22 tok/s estimated
Pay-back against the APIPays back in 2,379 years at 500k tokens a day

Run the numbers on this machine

What the Mac Studio M3 Ultra, 256GB runs

They do not all hold the same window. The weights are a fixed size, but the key-value cache grows with every token you keep, so what is left of 192 GB after the weights is how far the context goes. On one of the 12 below, this machine's memory is what runs out first: GLM-5.3-Flash stops soonest, at 128k. The rest reach 256k, where the calculator's list ends, or the longest setting their own context limit allows.

ModelSpeedClassMemoryLongest context
GLM-5.3-FlashUD-Q4_K_M 22 tok/s estimated Sonnet-class 190 GB 128kmemory
Qwen3.8 Flash NextQ4_K_M 50 tok/s estimated Sonnet-class 121 GB 256k
DeepSeek V4-FlashUD-Q4_K_M 34 tok/s estimated Sonnet-class 155 GB 256k
Qwen3.8 27BQ4_K_M 33 tok/s estimated Sonnet-class 19 GB 256k
Inkling SmallUD-Q4_K_M 29 tok/s estimated Haiku-class 164 GB 256k
Ling 3.0 flashQ4_K_M 71 tok/s estimated Haiku-class 78 GB 256k
MiniMax M2.7Q4_K_M 17 tok/s estimated Haiku-class 149 GB 128k
Qwen3.6 27BQ4_K_M 32 tok/s estimated Haiku-class 19 GB 256k
Nemotron 3.5 Bolt 74B-A9BIQ2 84 tok/s estimated Haiku-class 22 GB 256k
Qwen3.6 35B-A3BQ4_K_M 98 tok/s estimated Haiku-class 23 GB 256k
Muse Glimmer 30BQ4_K_M 34 tok/s estimated Haiku-class 18 GB 128k
Gemma 4 26B-A4BQ4_K_M 72 tok/s estimated Haiku-class 18 GB 256k

Speed and memory are at 32k context, the setting the calculator starts on; the memory column is the weights plus the cache for that much of it. Each speed says how it was arrived at, and every one here is estimated from this machine's 819 GB/s of memory bandwidth rather than taken from a published benchmark. There is a page on how that sum works, and what each size needs, and one on what 256 GB runs, machine by machine. The longest context is the longest setting the calculator offers that this machine still holds the model at, cache included, and each one opens the calculator on that model at that length. A figure tagged memory is one this machine ran out of room for, and the rest are stopped by the model's own limit or by the end of the list.

For scale, the calculator starts from 80 tok/s for a hosted API and times a local machine against it. 2 of the 12 above reach it, and the slowest is 17 tok/s.

32 more fit. Ranked below the twelve above: Qwen3.5 122B-A10B, Gemma 4 31B it, Granite 4.2 30B, GLM-4.7-Flash, Gemma 4 12B, Qwen3.5 9B, Nemotron 3.5 Lightning 30B-A3B, MiniCPM5 2B, Qwen3.5 4B, gpt-oss-120b, Ling 3.0 tiny, Granite 4.2 8B, Mistral Small 4 (119B-2603), Qwen3-Coder 30B-A3B, Qwen3-Coder Next, gpt-oss-20b, Gemma 4 E4B, Devstral 2 123B, LFM2.5 2.6B, Devstral Small 2 24B, Ministral 3 14B, Ministral 3 8B. The other 10 have no intelligence-index score, so the ranking cannot place them: Laguna XS 2.1, LFM3 1.7B, Ornith 1.5 9B, Ornith 1.5 35B-A3B, Ornith 1.5 122B, Spark-X2.5 4B, Spark-X2.6 4B, KAT-Coder V2.5 Dev 35B-A3B, LFM2.5 24B-A2B, Flint 40B-A2.5B. Their pages show what each one needs and what runs it.

The 48 counted above are the current models. This site prices 16 superseded ones as well, because people still run them, and this machine holds 16 of those at 32k, strongest first: Qwen3 235B-A22B Instruct 2507, GLM-4.5-Air, Qwen3 30B-A3B Instruct 2507, DeepSeek-R1-Distill-Qwen-32B, DeepSeek-R1-Distill-Llama-70B, Llama 3.3 70B Instruct, Llama 3.1 8B Instruct at Q4_K_M, Llama 3.1 8B Instruct at Q8_0, Mistral Small 3.2 24B Instruct, Qwen3 32B at Q4_K_M, Qwen3 32B at Q8_0, Qwen3 14B, Llama 4 Scout 17B-16E, Qwen3 8B, Gemma 3 27B it, Gemma 3 12B it. Each of those pages asks whether the model is still worth running.

What has been measured on the Mac Studio M3 Ultra, 256GB

Not one of the speeds above was measured on this machine, and that is not because nobody has run a model on one. This site holds four published speeds taken on this machine, three of them on superseded models the table above leaves out. They are below, as published and again at 32k of context, which is what every other speed on this page is taken at.

ModelAt 32kAs published
gpt-oss-20bMXFP4 83 tok/s measured 115 tok/smeasured at an empty window
DeepSeek-R1-Distill-Qwen-32BQ4_K_Msuperseded 19 tok/s measured 27 tok/smeasured at an empty window
Llama 3.3 70B InstructQ4_K_Msuperseded 11 tok/s measured 14 tok/smeasured at an empty window
Qwen3 235B-A22B Instruct 2507Q4_K_Msuperseded 11 tok/s measured 16 tok/smeasured at an empty window

A published figure is what its source reports, at the window the model was run at. The 32k figure is that measurement read at 32k of context: every token generated reads the weights and the whole key-value cache, so the longer the window the slower it runs. The figures come from geerlingguy/ai-benchmarks, hostbor.com, macstories.net.

One more, at a shorter window

The table above counts what fits at 32k, the context the calculator starts on. One more model fits this machine at a shorter one. Same weights, smaller cache.

ModelLongest window it fitsNeeds thereNeeds at 32k
Tencent Hy3Q4_K_M 16k 188 GB 193 GB

Each window is the longest setting the calculator offers that this machine still holds the model at, and it opens the calculator on that model at that length. The memory figures are the weights plus the key-value cache at that window, against the 192 GB this machine's GPU can use.

Other machines to weigh against the Mac Studio M3 Ultra, 256GB

MachinePriceMemoryModels that fitPay-back
The rest of the Mac Studio range
Mac Studio M5 Max, 36GB $2,499 36 GB 32 Pays back in 149 years
Mac Studio M5 Max, 48GB $3,099 48 GB 32 Pays back in 174 years
Mac Studio M5 Max, 64GB $3,499 64 GB 32 Pays back in 197 years
Mac Studio M5 Max, 128GB $5,099 128 GB 39 Pays back in 287 years
Mac Studio M5 Ultra, 96GB $5,499 96 GB 34 Pays back in 307 years
Mac Studio M5 Ultra, 256GB $10,799 256 GB 44 Pays back in 2,126 years
Mac Studio M5 Ultra, 512GB not published 512 GB 48 Not enough data to compute a pay-back.
Mac Studio M4 Max, 36GBdiscontinued $1,999 36 GB 32 Pays back in 123 years
Mac Studio M4 Max, 48GBdiscontinued $2,499 48 GB 32 Pays back in 144 years
Mac Studio M4 Max, 64GBdiscontinued $2,699 64 GB 32 Pays back in 155 years
Mac Studio M4 Max, 128GBdiscontinued $3,499 128 GB 39 Pays back in 201 years
Mac Studio M3 Ultra, 96GBdiscontinued $3,999 96 GB 34 Pays back in 242 years
Mac Studio M3 Ultra, 512GBdiscontinued $9,499 512 GB 48 Pays back in 509 years
Nearest in price elsewhere on the list
NVIDIA GeForce RTX 5090, 32GB $1,999card only 32 GB 32 Pays back in 123 years
Mac mini M5 Pro, 64GB $2,699 64 GB 32 Pays back in 182 years
DGX Spark GB10 Grace Blackwell, 128GB $4,699 128 GB 39 Pays back in 346 years
Strix Halo HP Z2 Mini G1a, 128GB $5,544 128 GB 39 Pays back in 396 years
MacBook Pro M5 Max (16-inch), 128GB $6,999 128 GB 39 Pays back in 393 years

Every row uses the same defaults as the figures above: 500k tokens a day at 15:1 input to output, 32k context, and each machine's strongest model that fits, counted against the same 48 current models. The GeForce RTX 5090, 32GB is priced as the card alone, so add the PC around it before comparing it with a complete computer. All seven cards here are ranked by what each one holds.

Head to head with the machine that replaced it: Mac Studio M5 Ultra, 256GB. There are 111 machine match-ups on the site.

The specifics

Chip
M3 Ultra — 32-core CPU / 80-core GPU
Memory bandwidth
819 GB/s
Usable by the GPU
192 GB — macOS lets the GPU wire roughly 75% of unified memory by default (llama.cpp discussion #2182: 66.7% at 32 GiB or less, 75% above). Raise it with `sudo sysctl iogpu.wired_limit_mb`. Memory is treated as GB throughout, which is slightly conservative.
Power under load
270 W (published) — Apple's published 'max' figure for this chip (support article 102027), a CPU+GPU stress number; inference typically draws less.
Availability
Discontinued 2026-08-25. Launch price; Apple no longer sells it new, so treat as a refurbished/used reference. 256GB required the 32-core chip.
Sources
Apple Support, Apple Support, Low End Mac