The RTX 5070 performs on par with the previous generation RTX 4070 Super - which was already an excellent card for 1080p and 1440p gaming - but with DLSS4 and multi-frame generation. It's equipped with 12GB of GDDR7 VRAM which allows it to keep up with high-fps gaming at 1440p. You'll also be able to run most games in 4K as well, although depending on the game you may need to tweak your graphics settings. I myself gamed on an RTX 3080 (which is inferior to the 5070) in 4K for a long time without any real complaints until I finally upgraded this year.
The sad reality is, if you want a "budget" card for 4K gaming and you want to stick with the Nvidia brand, the RTX 5070 might now be your best option. If the RTX 5070 Ti has indeed been phased out, the next jump up would be the RTX 5080, which currently sells for an above-MSRP price of $1,300 and up.
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