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SemiAnalysis: TTFT May Be Overvalued; Only 10-20% of Inference Tasks Limited by Latency

GateNews
According to SemiAnalysis, the market may be overemphasizing time-to-first-token (TTFT) in large language model inference. The research notes that inference system optimization is not simply about minimizing latency, but rather balancing single-user interaction speed (tok/s/user) against overall throughput efficiency (tok/s/GPU). SemiAnalysis estimates that only 10–20% of inference tasks are truly latency-constrained; most scenarios prioritize throughput and cost efficiency. The token generation speed during the generation phase, rather than TTFT, represents the key performance variable.
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