The Stacks project

Proof. Assume (1). By definition this means there exists an open covering $X = \bigcup U_ i$ such that $E|_{U_ i}$ is represented by a strictly perfect complex. Thus $E$ is pseudo-coherent (i.e., $m$-pseudo-coherent for all $m$) by Lemma 20.47.2. Moreover, a direct summand of a finite free module is flat, hence $E|_{U_ i}$ has finite Tor dimension by Lemma 20.48.3. Thus (2) holds.

Assume (2). After replacing $X$ by the members of an open covering we may assume there exist integers $a \leq b$ such that $E$ has tor amplitude in $[a, b]$. Since $E$ is $m$-pseudo-coherent for all $m$ we conclude using Lemma 20.49.4. $\square$