Beneath the Tokens: A Performance Engineering Study of Multi-Token Prediction in GPU-Accelerated LLM Inference

Autoregressive large language model inference repeatedly invokes the target model to generate one token at a time, making generation sensitive to GPU memory movement and sequential execution. This study evaluates two-token multi-token prediction (MTP) against autoregressive decoding in a controlled single-request deployment on an NVIDIA A10G GPU. A 360-request benchmark covered plain-text, reasoning-intensive, and tool-calling workloads, while runtime telemetry, Nsight Systems, PyTorch Profiler, and selected Nsight Compute measurements were used to explain the observed performance. MTP increased output throughput by (1.91×) to (2.19×) across all prompts and reduced time to first output by 10.0--14.2%. Median mean acceptance length ranged from 2.370 to 2.595 tokens per verification iteration. Profiling showed that MTP introduced a longer and more complex execution path, including proposal, sampling, attention, gathering, and reduction operations. However, it required 56.4--78.1% fewer executions of the selected repeating CUDA Graph per generated token. The dominant MTP GEMM kernel was not faster than the dominant autoregressive GEMV kernel, and selected instances of both approached the A10G memory-bandwidth limit. These results show that MTP improved inference through amortization: greater token progress reduced repeated GPU execution sufficiently to outweigh the additional speculative-execution cost.