In a mixing bowl, combine chopped peaches and sugar and set aside for 1 hour. By the end of the hour, the fruit will be soft and very juicy.
Blend the peaches with sugar into a smooth mixture.
In a medium mixing bowl, combine evaporated milk, condensed milk, vanilla pudding powder, peach mixture, and half-n-half. Whisk well to incorporate all the ingredients.*
Freeze the mixture in an ice cream maker according to manufacture's instructions. Remove into an airtight freezer safe container and freeze until ready to serve.