Uh, yes it does. It has no /out of order/ execution but it certainly has speculative execution. They mention quite often in talks how they predict EBB exits and not each branch. They even go so far as to follow that EBB exit chain to speculatively load code from DRAM several calls ahead, which is much more speculation than current CPUs are capable of.
You basically can't make a deeply-pipelined processor fast without speculative execution.
