Intel Core i9 9900K's Advantages
Lower TDP (95W vs 125W)
Intel Core i9 12900K's Advantages
Released 3 years late
Better graphics card performance
Higher specification of memory (DDR5-4800 vs DDR4-2666)
Larger memory bandwidth (76.8GB/s vs 41.6GB/s)
Newer PCIe version (5.0 vs 3.0)
Higher base frequency (32GHz vs 3.6GHz)
Larger L3 cache size (30MB vs 16MB)
More modern manufacturing process (10nm vs 14nm)