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It definitely works and you can measure the effect. There's official documentation on what it does and how to tune it:

https://docs.aws.amazon.com/AWSEC2/latest/UserGuide/processo...



Okay, so it looks as though it only applies to certain large instance types -- presumably ones which are large enough that it makes sense for the host to statically allocate CPU cores (or even sockets) to a guest. Interesting.




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