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URL: https://willitrunai.com/can-run/phi-3-mini-3.8b-on-tesla-p40-24gb


Can Phi 3 Mini 3.8B run on Tesla P40 24GB?

YES — Runs Great

B68Good
Estimated from fit model

Phi 3 Mini 3.8B needs ~11.8 GB VRAM. Tesla P40 24GB has 24.0 GB. With Q4_K_M quantization, expect ~53 tok/s.

Runtime: OllamaCapacity: RoomyBandwidth: LowStack: BasicBottleneck: Balanced
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Operating mode

Choose the run profile you care about

Interactive favors responsiveness, while light API and scale-out lean harder on serving readiness. The fit stays the same, but the recommendation lens changes.

Current mode

Balanced

Balanced for general local use. Keeps the ranking neutral across personal and serving workflows.

Capabilities:

Select quantization to explore

Q4_K_M (Medium quality) — 11.8 GB, 53.2 tok/s, Runs well
11.8 GB required24.0 GB available
49% VRAM used

Fit status

Runs well

Decode

53.2 tok/s

TTFT

3639 ms

Safe context

49K

Memory

11.8 GB / 24.0 GB

Memory breakdown

Weights2.3 GB
KV Cache5.9 GB
Runtime1.2 GB
Headroom2.4 GB

See how fast it feels

See how fast it feelsPhi 3 Mini 3.8B on Tesla P40 24GB
1st promptCold start — includes initialization
>What is local AI inference?
Local AI inference means running an AI language model directly on your own hardware — your laptop, desktop, or server — instead of sending requests to a remote cloud API. When you run inference locally the model weights are loaded into your GPU or unified memory. Each token you generate requires reading those weights from memory, so memory bandwidth is the main bottleneck for decode speed. Key benefits of running locally: - Full privacy: your prompts never leave your machine - No per-token cost or rate limits - Works offline once the model is downloaded - Latency depends only on your hardware
2nd promptWarm — model ready, no init overhead
>How much VRAM do I need?
It depends on the model size and quantization level. A rough rule of thumb: Model size Q4 (4-bit) Q8 (8-bit) FP16 7B params ~4.3 GB ~7.5 GB ~14 GB 13B params ~7.9 GB ~13.9 GB ~26 GB 70B params ~42.7 GB ~74.9 GB ~140 GB Most people use 4-bit quantization (Q4_K_M) which gives 90-95% of full quality at a fraction of the memory. A 24 GB GPU can comfortably run most 7B-13B models.
Estimated: 53.2 tok/s decode · 3.6s TTFT (warm) · 133 tok/s prefill

What limits this setup

This setup is broadly balanced for this model.

Older PCIe generation

PCIe 3.0 is workable, but it compounds the penalty when you offload heavily or try to scale across multiple cards.

Best improvement path

Performance by workload

WorkloadGradeFitDecodeTTFTContext
ChatBRuns well53.2 tok/s1985 ms49K
CodingBRuns well53.2 tok/s3639 ms49K
Agentic CodingARuns well53.2 tok/s5293 ms49K
ReasoningBRuns well53.2 tok/s4301 ms49K
RAGARuns well53.2 tok/s6617 ms49K

Quantization options

How Phi 3 Mini 3.8B (3.799999952316284B params) fits at each quantization level on Tesla P40 24GB (24.0 GB usable).

QuantBitsVRAMQualityFit
Q2_K
2
1.5 GB
LowB61
Q3_K_S
3
1.9 GB
LowB61
NVFP4
4

Get started

Copy-paste commands to run Phi 3 Mini 3.8B on your machine.

Run

ollama run phi3:mini

Upgrade options

Hardware that runs Phi 3 Mini 3.8B well

MacBook Pro M3 Pro 36GBBudget pick
36 GB Unified (+12)
B
This setup is broadly balanced for this model.47.2 tok/s decode

~$1,999 MSRP

MacBook Pro M4 Max 36GBBest value
36 GB Unified (+12)410 GB/s (+64)
B
This setup is broadly balanced for this model.53.2 tok/s decode

~$2,499 MSRP

Frequently asked questions

See all results for Tesla P40 24GBSee all hardware for Phi 3 Mini 3.8B
2.1 GB
Medium
B61
Q4_K_M
4
2.3 GB
MediumB61
Q5_K_M
5
2.7 GB
HighB61
Q6_K
6
3.1 GB
HighB62
Q8_0
8
4.1 GB
Very HighB62
F16Best for your GPU
16
7.8 GB
MaximumB64