"This more or less confirms that PCIe 4.0 support will be available on existing AM4 boards but there’s a catch.
While there’s support for PCIe Gen 4.0 on current motherboards, it is only possible with the AMD Ryzen 3000 series processors using the Zen 2 core architecture and even then, only the first PCIe x16 slot is said to be compatible with Gen 4.0 speeds as that operates over the CPU PCI-Express lanes while the rest of the slots would still function over the PCH which are only PCIe 3.0 compliant and we can also expect a single M.2 port to run at PCIe 4 speeds. That’ll mostly vary from board to board."
https://wccftech.com/gigabyte-bios-update-pcie-4-am4-motherboards-amd-ryzen-3000-cpus/
While there’s support for PCIe Gen 4.0 on current motherboards, it is only possible with the AMD Ryzen 3000 series processors using the Zen 2 core architecture and even then, only the first PCIe x16 slot is said to be compatible with Gen 4.0 speeds as that operates over the CPU PCI-Express lanes while the rest of the slots would still function over the PCH which are only PCIe 3.0 compliant and we can also expect a single M.2 port to run at PCIe 4 speeds. That’ll mostly vary from board to board."
https://wccftech.com/gigabyte-bios-update-pcie-4-am4-motherboards-amd-ryzen-3000-cpus/