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> Is this really an AWS issue?

I doubt they would have even noticed this outrageous cost if they were running on bare-metal Xeons or Ryzen colo'd servers. You can rent real 44-core Xeon servers for like, $250/month.

So yes, it's an AWS issue.

  You can rent real 44-core Xeon servers for like, $250/month.
Where, for instance ?
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There are many colos that offer dedicated server rental/hosting. You can just google for colos in the region you're looking for. I found this one

https://www.colocrossing.com/server/dedicated-servers/

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