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At least with other instance types (m5,m6,t3) it was the case that the AMD processors were cheaper. As it turns out, this does not seem to be a general rule.

It seems like performance wise the AMD processors are (in certain workloads) quite a bit faster than their Intel equivalent: https://www.phoronix.com/review/aws-m7a-ec2-benchmarks/2 (in later pages it seems to be a little bit more mixed)



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