It was announced just a week after Intel announced its i7-6950X for the companys Broadwell-E platform.

The 24-core processor could fit into server racks that can house between 4-8 processors.

Except for Intels Xeon Phi supercomputer chips, the Xeon E7 chips are Intels fastest performing processors.

Intel is preparing a powerful processor for next-gen computing

Intel is giving more importance on Xeon chips as it reduces its reliance on PCs.

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source: www.techworm.net