A combination of both. The performance when not stuttering was fine, up to 85fps in areas dropping to 55 or so outdoors with fire and particles etc. Perfectly fine on a low latency VRR monitor. It's the rest in tandem that just strikes me as the devs only giving a casual thought to PC gamers yet charging £50 minimum. In my view in its current state of stutters, missing GFX features that are standard in most other PC games, what now seems to be repetitive and lacking gameplay mechanics and endless jump scares - I won't be buying it again until it is £25 or below and with a story expansion that adds actual content to the world.
From where I am sat, it is not a AAA game on PC because it has not been given any sort of AAA polish for our platform that we expect. I wonder who playtested it on PC for them. They need to have words.