https://wccftech.com/rumor-amd-bringing-ray-tracing-support-to-navi-in-december-driver-release/

AMD has announced recently that it will be introducing a plethora of new driver features come December, as part of the company's annual major driver release for the holidays. This, combined with some very interesting chatter in the techsphere by industry insiders has sparked rumors that AMD is in fact finally bringing DirectX Ray Tracing support to Radeon Navi graphics cards this December.

Officially, AMD's Navi supports ray tracing in software but does not have specialized hardware built-in for ray tracing acceleration. However, while specialized hardware can help accelerate ray tracing it is not a requirement to support Microsoft's DirectX Ray Tracing feature.