Cloud Mercato tested CPU performance using a range of encryption speed tests:
Cloud Mercato's tested the I/O performance of this instance using a 100GB General Purpose SSD. Below are the results:
I/O rate testing is conducted with local and block storages attached to the instance. Cloud Mercato uses the well-known open-source tool FIO. To express IOPS the following parametersare used: 4K block, random access, no filesystem (except for write access with root volume and avoidance of cache and buffer.
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The r6g Arm vCPUs we tried in our AWS Neptune performance testing always seemed to perform worse than the equivalent-in-price r5d.4xlarge we normally use.

The r6g Arm vCPUs we tried in our AWS Neptune performance testing always seemed to perform worse than the equivalent-in-price r5d.4xlarge we normally use.

The r6g Arm vCPUs we tried in our AWS Neptune performance testing always seemed to perform worse than the equivalent-in-price r5d.4xlarge we normally use.

Another advantage of the Graviton processors is 50% more dedicated storage compared to equivalent Intel/AMD instances. To get enough storage we would have had to bump up to r5d/r5ad.24x or metal which when testing we also saw more “jitters” in latency on the long tail.

The per vCPU performance is horrid in comparison to any of the modern instances (R5/M5/C5) let alone comparing those vCPUs to the actual CPU of R6g/M6g/C6g like you said.

We’ve been testing a few Graviton instances since before GA and have gone “all in” with our latest release targeted for EOY. We went live with R6g (Redis) and R6gd/T4g (ES) instances at the beginning of the month.