Unreal Engine 5 5.0.3 crashes when opening a project

Hey there @LunchmoneyFor2! Welcome to the community! It seems you’re running into an issue with DirectX12 being the default for UE5. 2070 should be handling it fine, so it could be your Nvidia settings. I’d recommend to make sure your drivers are up to date and to reset your Nvidia 3D settings to the defaults.

Also you can try to lower the project default once a project has been made, my post here shows some workarounds for a similar issue as well as some fixes.