Xeon E 2124 's Advantages
Higher base frequency (3.3GHz vs 2GHz)
Lower TDP (71W vs 150W)
Intel Xeon Gold 5416S 's Advantages
Released 4 years and 6 months late
Higher specification of memory (DDR5-4400 vs DDR4-2666)
Newer PCIe version (5 vs 3)
Larger L3 cache size (30MB vs 8MB)
More modern manufacturing process (10nm vs 14nm)