No Way, AMP stand for Accelerate Mobile Pages. The AMP Project is an open source initiative that embodies the vision that publishers can create mobile-optimized content once and have it load instantly everywhere. So We found that AMP pages load four times faster and use eight times fewer data than traditional mobile-optimized pages. It makes your webpage faster to device friendly and googles index fastly.
Though Google has repeatedly stated that Accelerated Mobile Pages (AMP) are not a ranking factor, many have speculated that they may soon become one. AMP pages are built for speed — so when you consider Google’s recent announcement that page speed will become a mobile ranking factor later this year, right around the same time the full rollout of the mobile-first index is expected, it certainly seems possible that mobile sites with AMP implemented could soon see a boost in rankings and traffic.