HHVM is an open-source virtual machine designed for executing programs written in Hack and PHP. HHVM uses a just-in-time (JIT) compilation approach to achieve superior performance while maintaining the development flexibility that PHP provides.
The JIT Compiler
Rather than directly interpret or compile PHP code directly to C++, HHVM compiles Hack and PHP into an intermediate bytecode. This bytecode is then translated into x64 machine code dynamically at runtime by a just-in-time (JIT) compiler. This compilation process allows for all sorts of optimizations that cannot be made in a statically compiled binary, thus enabling higher performance of your Hack and PHP programs.