LLM serving is increasingly constrained by memory capacity as model weights, KV caches, and the number of served model variants continue to grow. This report examines High-Bandwidth Flash (HBF) as a capacity-oriented extension to HBM-based serving systems. We first discuss how HBF can be integrated into the GPU memory hierarchy without undermining the bandwidth expected by the compute die. We then model the system-level value of added capacity as expanded residency for read-mostly model-state objects. Under this view, HBF can improve MoE serving by enabling more expert replicas and can improve multi-model serving by reducing model loading and supporting hot-model replication. Our simulation results show that these benefits depend on preserving the HBM-resident execution path while using HBF to expand the resident set of model weights.

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