Some CPUs, such as AMD SVM-V and the Intel Xeon 5500 series, provide hardware support for memory virtualization by using two layers of page tables.

The first layer of page tables stores guest virtual-to-physical translations, while the second layer of page tables stores guest physical-to-machine translation. The TLB (translation look-aside buffer) is a cache of translations maintained by the processor's memory management unit (MMU) hardware. A TLB miss is a miss in this cache and the hardware needs to go to memory (possibly many times) to find the required translation. For a TLB miss to a certain guest virtual address, the hardware looks at both page tables to translate guest virtual address to host physical address.

The diagram illustrates the ESXi implementation of memory virtualization.

ESXi Memory Mapping
This figure illustrates the implementation of memory virtulaization.

The boxes represent pages, and the arrows show the different memory mappings.

The arrows from guest virtual memory to guest physical memory show the mapping maintained by the page tables in the guest operating system. (The mapping from virtual memory to linear memory for x86-architecture processors is not shown.)

The arrows from guest physical memory to machine memory show the mapping maintained by the VMM.

The dashed arrows show the mapping from guest virtual memory to machine memory in the shadow page tables also maintained by the VMM. The underlying processor running the virtual machine uses the shadow page table mappings.

Because of the extra level of memory mapping introduced by virtualization, ESXi can effectively manage memory across all virtual machines. Some of the physical memory of a virtual machine might be mapped to shared pages or to pages that are unmapped, or swapped out.

A host performs virtual memory management without the knowledge of the guest operating system and without interfering with the guest operating system’s own memory management subsystem.

When you use hardware assistance, you eliminate the overhead for software memory virtualization. In particular, hardware assistance eliminates the overhead required to keep shadow page tables in synchronization with guest page tables. However, the TLB miss latency when using hardware assistance is significantly higher. As a result, whether or not a workload benefits by using hardware assistance primarily depends on the overhead the memory virtualization causes when using software memory virtualization. If a workload involves a small amount of page table activity (such as process creation, mapping the memory, or context switches), software virtualization does not cause significant overhead. Conversely, workloads with a large amount of page table activity are likely to benefit from hardware assistance.