Comment by martinald

Not quite, it's got quite a bit more complicated with agentic use cases.

Prefill (input tokens) is heavily compute bound. And the ratio of input to output continues to rise, as typically in agentic sessions you have a few tokens output for a tool call and (many) thousands of input from the tool result.

Then you have cached input tokens, which is a totally different issue, system RAM or NVMe bound.

Obviously output tokens is VRAM memory bandwidth bound, but this is less and less of the bottleneck these days for overall agentic speed.