In case you missed it earlier, the Nvidia Geforce RTX 4070 is based on the same AD104 GPU as the RTX 4070 Ti, but a cut-down version with 46 out of 60 streaming multiprocessors enabled, leaving it with 5888 CUDA cores, 184 Tensor cores, and 46 RT cores. It has 184 TMUs and 64 ROPs, and comes with 12GB of 21Gbps GDDR6X memory with 192-bit memory interface, for a total of 504GB/s of memory bandwidth (same as the RTX 4070 Ti).
The base GPU clock is set at 1920MHz and it Boosts up to 2475MHz. Of course, some factory-overclocked versions will have higher GPU clocks.
Unlike the Geforce RTX 4070 Ti, the Geforce RTX 4070 will have a Founders Editon version, featuring a premium design similar to other Nvidia Founders Edition graphics cards, although at a slightly smaller form factor. The Founders Edition will feature the 16-pin 12VHPWR power connector, but some custom graphics cards will feature standard 8-pin PCIe power connectors.
Performance-wise, the Geforce RTX 4070 ends up significantly faster than its predecessor, the Geforce RTX 3070, and even faster than the RTX 3080, although it has a $100 lower launch MSRP. When compared to AMD, it manages to match AMD's Radeon RX 6800 XT. But Nvidia has another ace up its sleeve, which is better power efficiency.
Of course, Nvidia is pushing DLSS and Ray Tracing quite hard, and aims the Geforce RTX 4070 for 1440p gaming with RT and DLSS 3, offering over 100 FPS. It does ray tracing better than the AMD Radeon lineup, and DLSS is definitely better than AMD's FSR, in both performance and visual quality, at least for now.
As noted, Nvidia has launched the Geforce RTX 4070 at $600, which is exactly where it should be for now, at least until AMD launches its RX 7800 series, but it gives Nvidia time to sell some graphics cards and lower the price when it finally faces some competition in that segment.
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