They originally said it was going to be 120GB but that partners could ship bigger capacities. So much for that!
I do hope this has a price point that makes it somewhat competitive with a Mac! Consumers have had nearly no choices available for mem capacity, and 20 channels of lpddr5 is one way to get that capacity! Go Intel!
Both this GPU and the Mac are constrained by a lack of GPU compute. There's basically no rack-scale GPUs with 480gb on-die that have a sub-400W compute element. It's going to be incredibly prefill-constrained on denser model inference just like the Apple Silicon iGPUs are.