2070S has 448.0 GB/s bandwidth, 4070TiS 672.3 GB/s, 50% more and still not enough for 120Hz.
1. I didn't upgrade from 60Hz to downgrade to 60Hz.
2. I didn't buy 3 monitors to just use 2. I could have saved a ton of money by just getting 2 instead.
3. Happens in another machine, both with 2070S and 4070TiS. Didn't test anything below 120Hz, cuz that's unacceptable, since 100Hz monitors cost a lot less than 180/200Hz.
No you don't have 448GB/s. If the memory clocks down, you have fár less. Because bandwidth is a product of memory clock and bus width.
This is also why the GPUs won't clock down as you prefer them to - they need the bandwidth to run said resolution at said refresh rates, and if they have to run varying refresh rates, that adds to the requirement too, because its running two separate resolutions now at two separate refresh rates.
This issue is like
@Chomiq said, unfixable. You can at best tweak your way around it by limiting the pressure on bandwidth as described by him.
Or you can buy a stupidly wide card (in the Nvidia stable, all you've got left is an x90 for that now, everything else has abysmal bandwidth with downclocked VRAM) so you can keep it idling more. On my 7900XT (800+GB/s) I barely see memory clock up from 130-200mhz, nowadays, and if it does, its very fine grained, the GPU can even idle at 144hz desktop entirely, using a mere 6W. If I connect a second monitor, it will do so less frequently, but only if I move windows between the two monitors. The lower bandwidth (about 500GB/s) GTX 1080 I had before would clock up more frequently in the same setup.
AMD GPUs don't have a way to set a separate desktop refresh rate and a separate game refresh rate?
I believe AMD GPUs now do a fully automatic and dynamic clocking on the desktop. As in, they will even drop down to sub 10W if there is no activity on screen. I've seen it happen - move the mouse and poof, 19-22W usage. Stop moving for a few seconds, and the GPU apparently goes completely idle, as in, its not doing anything, displaying the image is not taking up continuous power or bandwidth if it doesn't change.