So why move to a victim cache on the L3? Intel’s goal here was the larger private L2. By moving from 256KB to 1MB, that’s a double double increase. A general rule of thumb is that a doubling of the cache increases the hit rate by 41% (square root of 2), which can be the equivalent to a 3-5% IPC uplift. By doing a double double (as well as doing the double double on the associativity), Intel is effectively halving the L2 miss rate with the same prefetch rules. Normally this benefits any L2 size sensitive workloads, which some enterprise environments such as databases can be L2 size sensitive (and we fully suspect that a larger L2 came at the request of the cloud providers).
Moving to a larger cache typically increases latency. Intel is stating that the L2 latency has increased, from 11 cycles to ~13, depending on the type of access – the fastest load-to-use is expected to be 13 cycles. Adjusting the latency of the L2 cache is going to have a knock-on effect given that codes that are not L2 size sensitive might still be affected.
So if the L2 is larger and has a higher latency, does that mean the smaller L3 is lower latency? Unfortunately not, given the size of the L2 and a number of other factors – with the L3 being a victim cache, it is typically used less frequency so Intel can give the L3 less stringent requirements to remain stable. In this case the latency has increased from 44 in SKL-X to 77 in SKL-SP. That’s a sizeable difference, but again, given the utility of the victim cache it might make little difference to most software.