It has 8 x DDR4 3200, so about 204GB/s of memory bandwidth, 1/4th of the M2 Ultra.
https://www.anandtech.com/show/17024/apple-m1-max-performanc...
The huge bandwidth numbers on the M-series are mainly for the benefit of the GPU, less so the CPU.
Sure the AMD Epyc (12 channel) or Intel Xeon (8 channel) compete, but at even higher power ratings and large physical sizes.
Not to mention that 224GB/sec leaves a fair bit of bandwidth for compression, matrix multiply, ML acceleration, GPU, video encode/decode, and related.