Well Navi will have HBM and more significantly, the architecture is designed for HBM rather than attached to an older architecture as with the Fury. If you're making an architecture with much higher memory bandwidth, you design it differently. HBM and Xpoint are not the same thing, but they both have applications in the GPU area. So maybe XPoint was intended to be a "we have a big new thing too" idea.
Are you sure you're not confusing Navi with Vega?
AMD's slides said Vega had HBM2, but Navi had 'Next Gen' memory.
Source: http://cdn.videocardz.com/1/2016/04/AMD-Radeon-2016-2017-Polaris-Vega-Navi-Roadmap.png