A patch has been released that greatly improves performance
Developers from Remedy announced the release of a long-awaited patch for Alan Wake II, which improved the performance of PCs with video cards without Mesh Shaders support. This greatly improved performance on PCs with GTX 10-series graphics cards.
We've optimized the PC version of Alan Wake 2, lowering the minimum PC system requirements. These changes come into effect with Update 1.0.16.1, which is now available on PC.
Remedy
Remedy also improved the performance of Alan Wake II on Radeon video cards, and therefore the studio was able to lower the minimum system requirements for the game. On new video cards the increase is not as large, but on the RTX 4070, for example, the game produces 14% more frames per second than before.
New minimum requirements include an Intel i5-7600K or AMD equivalent, 16GB RAM, and a GeForce GTX 1070/Radeon RX 5600 XT. The recommended ones include Ryzen 7 3700X or an analogue from Intel, as well as GeForce RTX 3060/Radeon RX 6600 XT.
For the game with ray tracing and all options you will need an RTX 4070/4080.