At the Bank of America 2020 Securities Global Technology Conference, AMD's Devinder Kumar, the company's Chief Financial Officer confirmed that Navi 2 will be AMD's "first RDNA 2 base product". In a number of statements, he mentions their RDNA 2 architecture will arrive on PC before it becomes available on next-generation consoles.

"There's a lot of excitement for Navi 2, or what our fans have dubbed as the Big Navi" says Devinder Kumar, AMD's CFO, at the recent Bank of America Securities Global Technology Conference. "This will be our first RDNA 2 based product."

Kumar has re-stated that AMD remains "on track to launch our next-generation Zen 3 CPUs and RDNA 2 GPUs in late 2020," which suggests to me that we're looking at sometime around September/October for Big Navi if it is to beat the new games consoles to launch.

"Big Navi is a halo product," Kumar goes on to say, "enthusiasts love to buy the best, and we are certainly working on giving them the best."

That means this Navi 2 card is going to be big  (and likely it's going to be expensive).

"The RDNA 2 architecture goes through the entire stack," says Kumar, "it will go from mainstream GPUs all the way up to the enthusiasts and then the architecture also goes into the game console products... as well as our integrated APU products. 

"This allows us to leverage the larger ecosystem, accelerate the development of exciting features like ray tracing and more." 

AMD claims that "Big Navi" will be their "HALO product", released in September?