+different hosts, your VM might end up on a new system with a different CPU type
+or a different microcode version.
+If the CPU flags passed to the guest are missing, the QEMU process will stop. To
+remedy this QEMU has also its own virtual CPU types, that {pve} uses by default.
+
+The backend default is 'kvm64' which works on essentially all x86_64 host CPUs
+and the UI default when creating a new VM is 'x86-64-v2-AES', which requires a
+host CPU starting from Westmere for Intel or at least a fourth generation
+Opteron for AMD.
+
+In short:
+
+If you don’t care about live migration or have a homogeneous cluster where all
+nodes have the same CPU and same microcode version, set the CPU type to host, as
+in theory this will give your guests maximum performance.
+
+If you care about live migration and security, and you have only Intel CPUs or
+only AMD CPUs, choose the lowest generation CPU model of your cluster.
+
+If you care about live migration without security, or have mixed Intel/AMD
+cluster, choose the lowest compatible virtual QEMU CPU type.
+
+NOTE: Live migrations between Intel and AMD host CPUs have no guarantee to work.
+
+See also
+xref:chapter_qm_vcpu_list[List of AMD and Intel CPU Types as Defined in QEMU].
+
+QEMU CPU Types
+^^^^^^^^^^^^^^
+
+QEMU also provide virtual CPU types, compatible with both Intel and AMD host
+CPUs.
+
+NOTE: To mitigate the Spectre vulnerability for virtual CPU types, you need to
+add the relevant CPU flags, see
+xref:qm_meltdown_spectre[Meltdown / Spectre related CPU flags].
+
+Historically, {pve} had the 'kvm64' CPU model, with CPU flags at the level of
+Pentium 4 enabled, so performance was not great for certain workloads.
+
+In the summer of 2020, AMD, Intel, Red Hat, and SUSE collaborated to define
+three x86-64 microarchitecture levels on top of the x86-64 baseline, with modern
+flags enabled. For details, see the
+https://gitlab.com/x86-psABIs/x86-64-ABI[x86-64-ABI specification].
+
+NOTE: Some newer distributions like CentOS 9 are now built with 'x86-64-v2'
+flags as a minimum requirement.
+
+* 'kvm64 (x86-64-v1)': Compatible with Intel CPU >= Pentium 4, AMD CPU >=
+Phenom.
++
+* 'x86-64-v2': Compatible with Intel CPU >= Nehalem, AMD CPU >= Opteron_G3.
+Added CPU flags compared to 'x86-64-v1': '+cx16', '+lahf-lm', '+popcnt', '+pni',
+'+sse4.1', '+sse4.2', '+ssse3'.
++
+* 'x86-64-v2-AES': Compatible with Intel CPU >= Westmere, AMD CPU >= Opteron_G4.
+Added CPU flags compared to 'x86-64-v2': '+aes'.
++
+* 'x86-64-v3': Compatible with Intel CPU >= Broadwell, AMD CPU >= EPYC. Added
+CPU flags compared to 'x86-64-v2-AES': '+avx', '+avx2', '+bmi1', '+bmi2',
+'+f16c', '+fma', '+movbe', '+xsave'.
++
+* 'x86-64-v4': Compatible with Intel CPU >= Skylake, AMD CPU >= EPYC v4 Genoa.
+Added CPU flags compared to 'x86-64-v3': '+avx512f', '+avx512bw', '+avx512cd',
+'+avx512dq', '+avx512vl'.
+
+Custom CPU Types
+^^^^^^^^^^^^^^^^
+
+You can specify custom CPU types with a configurable set of features. These are
+maintained in the configuration file `/etc/pve/virtual-guest/cpu-models.conf` by
+an administrator. See `man cpu-models.conf` for format details.