M1 uses LPDDR4X at 4267MHz. It is not overclocked.
Some higher-end RAM even gets above 5100MHz / 10200MT/s https://www.crucial.de/memory/ddr4/blm2k8g51c19u4b, so I had expected Apple to get somewhere around 7600-8400MT/s at 16-19-19-36 or better timings.