I did report the issue as a bug. still waiting for any feedback.
I'm on a 3070, 32Gb Ram, i5 9400f, Asus Strix ROG 390F MB, everything was awesome before the Monday patch, graphics looked amazing, now I am unable to play the game, it lags and stutters so much I am unable to walk around in my base.
Went from 40+ to 10 fps with one patch.
Going back to Ark SE in the meantime.