FeatureHVM (Hardware Virtual Machine)PV (Paravirtual)
Virtualization TypeFull (hardware-assisted)Partial (software-assisted)
PerformanceBetter (near-native)Slower
Instance SupportRequired for modern (e.g., Nitro)Legacy only
Boot OptionsEBS or Instance StoreEBS only
Enhanced NetworkingSupportedNot supported
GPU SupportSupportedNot supported
StatusRecommended / DefaultDeprecated

PV (Paravirtualization): PV guests boot using a special bootloader called PV-GRUB. Instead of booting the actual hardware BIOS or MBR, the PV instance loads a bootloader that then chain loads the kernel specified in the image’s menu.lst file. The guest OS must be modified or aware that it is running in a virtualized environment to communicate directly with the hypervisor. This requires a paravirtualized kernel that cooperates closely with the host system.

HVM (Hardware Virtual Machine): HVM instances boot by executing the master boot record (MBR) of the root block device just like a physical machine. The system presents a fully virtualized hardware environment to the guest OS that does not require modification. This allows the guest OS to boot natively, as if running on bare-metal hardware, through a typical bootloader (like GRUB or GRUB2). HVM uses hardware virtualization extensions in CPUs enabling direct access to specialized hardware, supporting enhanced features like GPU and enhanced networking