LiteSpeed Web Server allows for effective use of opcode caching with shared hosting. Because Apache does not provide this capability, new LSWS users may want a brief introduction to opcode caching. This wiki will cover the basics of opcode caching — what it does, its limitations, and popular opcode caches.
Opcode caching speeds up PHP by caching the compiled opcode of PHP scripts. The server can then use this opcode to respond to requests for a PHP script instead of parsing and compiling the source code for each request. This opcode is stored in shared memory for faster processing. All opcode caches will allow you to set the limit for how much RAM may be allocated to opcode caching.
How to enable opcode caches? Please check here.