Earlier quoted context omitted.
I'm not up-to-speed on modern chipsets, but WTF is the Southbridge doing that it needs that much power? Is Thunderbolt going through it or something? I think of the Southbridge as a mostly ignorable part of the chipset (up until something goes horribly wrong).
Single word: PCIe. Lots of fast PCIe lanes eat a lot of energy. A server motherboard contains tons of more PCI devices when compared to a consumer desktop systems, and they are not the cards, but the small units enabling the advanced features in servers, which are embedded on the motherboards themselves. Thunderbolt is just a PCIe encapsulator of some sort, which can also do plethora of other things.
This explains Intel’s squandering of PCIe lanes for consumer desktops versus AMD’s generosity.