Intel Xeon w3 2423 's Advantages
Released 5 years and 7 months late
Higher specification of memory (DDR5-4400 vs DDR4)
More modern manufacturing process (10nm vs 14nm)
Intel Xeon Silver 4116 's Advantages
Larger L3 cache size (16.5MB vs 15MB)
Lower TDP (85W vs 120W)