Intel Xeon E5 2665 's Advantages
Released 2 years late
Newer PCIe version (3 vs 2)
Larger L3 cache size (20MB vs 18MB)
More modern manufacturing process (32nm vs 45nm)
Lower TDP (115W vs 130W)
Xeon X7542 's Advantages
Higher specification of memory (1333 vs 3)
Higher base frequency (2.666GHz vs 2.4GHz)