Intel Xeon E5 2470 's Advantages
Lower TDP (95W vs 235W)
Intel Xeon Gold 6348 's Advantages
Released 8 years and 11 months late
Higher specification of memory (DDR4-3200 vs DDR3)
Higher base frequency (2.6GHz vs 2.3GHz)
Larger L3 cache size (42MB vs 20MB)
More modern manufacturing process (10nm vs 32nm)