Xeon X3470 's Advantages
Higher base frequency (2.933GHz vs 2.4GHz)
Lower TDP (95W vs 360W)
AMD EPYC 9654 's Advantages
Released 13 years and 2 months late
Higher specification of memory (4800 vs 1333)
Newer PCIe version (5 vs 2)
Larger L3 cache size (384MB vs 8MB)
More modern manufacturing process (5nm vs 45nm)