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It's because of a 12 core engineering sample that ran at over 5ghz.
Or at least rumours of the existence of it, from AdoredTV.
It's amazing how often nothing concrete balloons into a monster causing people's imagination to run away with them leading to feelings of disappointment when the truth's known, I wouldn't be surprised if the competition (in this case Intel) are behind a lot of the fake news we hear about, that said Raja Koduri liked to throw fuel on the fire of Radeon products causing wild claims of super fast performance so it's likely they're all at it, even for their own products.