2. To design a low-power circuit, Vgs shall be lower; for a high speed circuit, Vgs shall be higher. However, Vgs shall not be too high to saturate gm vs. Vgs, due to velocity saturation. When Vgs is too high, gm is saturated (or even reduces a little bit). fT = gm/(2*pi*Cgs). Cgs keeps almost constant when Vgs is high. So fT saturates though burning more current.

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