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 giving more importance on Xeon chips as it reduces its reliance on PCs.
source: www.techworm.net