Workstations (like the Mac Studio) have traditionally been a space where "enthusiast"-grade consumer parts (think Threadripper) and actual server parts competed. The owner of a workstation didn't usually care about their machine's TDP; they just cared that it could chew through their workloads as quickly as possible. But, unlike an actual server, workstations didn't need the super-high core count required for multitenant parallelism; and would go idle for long stretches — thus benefitting (though not requiring) more-efficient power management that could drive down baseline TDP.