Xeon E6540 's Advantages
Lower TDP (105W vs 205W)
Intel Xeon Gold 6354 's Advantages
Released 11 years and 1 months late
Higher specification of memory (3200 vs 1333)
Newer PCIe version (4 vs 2)
Higher base frequency (3GHz vs 2GHz)
Larger L3 cache size (39MB vs 18MB)
More modern manufacturing process (10nm vs 45nm)