You dont need sub-console like settings to get 120fps at 1440p on the RTX4080.
Here's how PS5 version looks like in performance mode (upscaled 1080p, medium/high settings, + FSR FG). The game runs at 60fps.
And here's how Black Myth Wukong runs on my PC, I get 283fps on average using PS5 like settings (high settings), upscaled 1080p (DLSS quality) + FG
The same settings but at 1440p, 190fps
1440p DLSS Quality, very high settings, fullRT, 115fps
4K DLSS performance + FG, very high settings, fullRT, 85fps
Image quality at 4K DLSS performance
4K DLSS Performance photomode
My RTX4080S offers high refreshrate experience even at 4K, but of course the most demadning RT games may require AI (DLSS upscaling and FG).
Hellblade 2 4K DLSS Quality + FG, max settings
Callisto Protocol 4K FSR Quality, max settings including RT
As you can see, the 4080S is quite a bit faster than the PS5. This GPU can run PS5 / XSX ports at high refresh rates even at 4K, although you will have to use DLSS and FG in the most demanding RT games.