It almost certainly could. It could be set to accept and run faster RAM too since Windows recognizes the faster RAM (at least according to TallyHo on YouTube). I’m generally doubtful that Apple would issue a firmware update to fix the RAM stuff — it doesn’t seem to be in their best interest. That said, since Apple ships machines with different RAM manufacturers (some are SKhynix and some are Micron), it’s possible that this may create problems with the RAM modules Apple sells directly (at insane prices). As a thought experiment, if I decided to spend $800 on 32GB of RAM at my local Apple Store (2 x 16GB sticks) and then it turned out to be a different RAM manufacturer than what my iMac came with (let’s say I had Micron and the store modules are SKhynix), that’s a problem when the ensuing installation either leaves me with RAM running slower or not in dual channel.
Now, sadly, I no longer actually trust the Genius Bar to employ people who a) know what dual-channel memory is, b) know how to check for dual-channel, or c) understand general RAM speeds — but assuming you did manage to find someone who understood those things, sold the RAM from the store, and did the upgrade in store, that could create some frustrations if it meant the Genius had to source other RAM to either replace the initial RAM with (so they’d match) or to have to cold-call other stores to see who made what modules are on the shelf. Do I actually think that hypothetical would be enough to encourage a firmware update for the logic board to be less picky about RAM? Honestly, no. But it’s the only thing I could see that might encourage some sort of fix.
Alas, I think we're just going to need to remind our friends and loved ones that the 2020 iMac is sensitive and that you need matching brands. Oh, and not to follow the terrible advice from 9to5Mac on disabling dual-channel just so clock speeds check out.
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