@zev @cks @0x0ddc0ffee @drscriptt for modern servers (where modern is basically.. everything since around when AMD released EPYC or so?) there is no PCH. The BMC handles basically all legacy IO functions.
Power on is triggered by the BMC tickling the pin on the ATX connector and then the CPU starts reading the BIOS from the BIOS ROM over either LPC or eSPI