Intel Xeon E3 1290 v2 's Advantages
Higher base frequency (3.7GHz vs 2.3GHz)
Lower TDP (87W vs 350W)
Intel Xeon Platinum 9242 's Advantages
Released 6 years and 11 months late
Higher specification of memory (DDR4 vs DDR3)
Larger L3 cache size (71.5MB vs 8MB)
More modern manufacturing process (14nm vs 22nm)