It's still accurate to say that HBM has brought nothing in terms of bandwidth that an 8GT/s 512bit GDDR5 implementation could not have given us.
Both of which are achievable with current hardware.
To hear people tell of it you'd think HBM gave you a 2-3x increase in memory bandwidth.
Expense. To get more bandwidth out of gddr5 means higher and higher frequnecies which means other issues and problems and power consumption.
HBM is very low power.
Gddr5 has had its day. Even Nvidia agrees. You will only see gddr5 on low end cards now.
AMD has HBM2 out by Xmas and Nividia new cards with their equivalent memory early next year.