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Yes it does, specially applications that demands decent computing power. The developer made this options available for users. Aside from photoshop, this is also applicable to almost all enterprise video editing software as well as engineering applications like AutoCAD. I just thought to post something like this here in relation to graphics design to help out co-steemians :) because it seems that there are lots of photographer and digital designer here at #steemit.

Technically, it is possible to modify memory allocation to all applications :) But it will require us to go down deep into the system configuration to make those changes.