Hi elis2019,
Yes your understanding in this example here is right. For a CPU of 4 cores running at 2Ghz, the total CPU capacity of the ESXi will be 8Ghz.
However when you reserve a certain CPU capacity for a VM, it doesn't necessarily mean that you allocate like in your example here 3 cores of the host CPU.
Please check the VMware docs below that may help you better understand how this works.
Configuring Multicore Virtual CPUs
Virtual CPU Configuration
Hope that helps :smileyhappy:
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