The first version of exam was sometimes jokingly referred to as "A+ for Linux", as almost 20% of it was "core hardware" type Qs. The current version places much less emphasis on hardware (only 8%) and much more on security.
So to answer your Q: yeah, you still "need" to know it, but if you ace the other domains you could probably squeek by without memorizing all the base memory addresses, interupt request lines and DMA channels.