A little more than just a multiplication instruction (the 68000, used in, say, the Sega Mega Drive, had one of those too). Have a look at https://www.copetti.org/writings/consoles/playstation/, and in particular, read about the GTE - it offered quite a bit of hardware support for 3D math.

Also, even though it didn't handle truly 3D transformations, the rasterizer was built for pumping out texture mapped, Gouraud shaded triangles at an impressive clip for the time. That's not nothing for 3D, compared to an unaccelerated frame buffer or the sprite/tile approach of consoles past.