Red Hat 7 Hyper visor Setup with VFIO

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Hello All

I'm building my first red hat hypervisor on a home server i just built, specs are:

AMD Ryzen 2700 8 core 16 thread
8GB RAM, will be upgrading
AMD RX 550 4GB graphics card

I'm looking to setup a hypervisor on top of a non gui install of rhel 7 server as im looking to learn virtualisation but also have multiple servers these will be centos as i only have 1 red hat subscription.

Id like to setup the gpu as a mediated device so virtual gpu's can be assigned to each vm to improve performance.

Is this possible with an amd gpu or is it restricted to nvidia vgpu functionality ?

Kind Regards