I wonder whether all implementations of Sapphire Rapids will actually run PCIe 5.0, or if we might see some workstation/server boards using cheaper PCIe 4.0-only designs.
PCIE5 will handle prior versions of PCIE so, for example, it will be compatible with their recently announced PCIE4 Optane SSDs and with the current Habana NNPs.
The CXL asymmetric cache coherency depends on some feature of PCIE5. They've already announced plans for CXL support in a coming agilex FPGA version and in the Ponte Vecchio GPU. Unknown now what are the pcie versions of the other coming discrete Xe GPUs.