Virtualization is the process of using software to create a virtual resource of something; usually, it refers to hardware virtualization, the act of running an operating system (referred to as guest) inside an host system.

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Will VMX cpu flags increase the speed of virtual machine software , like VirtualBox?

On some CPUs, if I run grep vmx /proc/cpuinfo, I can see a vmx flag under the features entry. Will this feature speed up virtual machine software like VirtualBox?