It makes zero economic sense for a low volume product like the Mac Pro, even with Apple margins.
EDIT: Also, they would have to seriously compromise performance. A number of GPU cores would have to be removed to make room for the bigger memory controller. The bus would have to be even wider with regular DDR5 DIMMs, and it would suck much more power.
They would presumably use UDIMMs anyway, so maybe there is theoretically space?
Still, that would be one heck of a socket/motherboard. I can't imagine how many motherboard layers and socket pins they would need for 16+ channel DDR5 in such a tiny space... If its even possible to manufacture, it would be hilariously expensive.
As said below, the answer is CXL. Apple would be stupid not to support CXL devices on the M3 or M4, though I would not be surprised if they skip it
Yes, this is 100% true. CXL devices are exactly what the Mac Pro needs.