While HBM is expensive, GDDR6 looks really promising (and maybe cheaper) for a 2020 console release IMO.
http://wccftech.com/micron-gddr6-gddr5x-memory-mass-production-early-2018/
https://www.micron.com/about/blogs/2017/june/what-drives-our-commitment-to-16gbps-graphics-memory
http://wccftech.com/micron-gddr6-gddr5x-memory-mass-production-early-2018/
https://www.micron.com/about/blogs/2017/june/what-drives-our-commitment-to-16gbps-graphics-memory