Unrecognize Video Card

gemseashore​  If your laptop does in fact have a MUX switch, the iGPU should be idle when you switch to the dedicated card.  However, "idle" might not mean "idle on all measurements."  I thought that because the power draw was so high, some of the other hwinfo readings were inaccurate, and that the iGPU was still doing some work.  But that could be reversed—the power draw is the outlier and the iGPU wasn't doing anything at the time of your screenshot.

It's possible that the power draw is just a side effect of how the processor is wired overall and has nothing to do with usage.  I don't know, and I don't have enough knowledge of CPU architecture to even speculate; I'm just saying it's possible.  But if it is a side effect, you can ignore the power limit info.

Hwinfo will always show some kind of limit to each GPU: power, voltage, usage, etc.  The point of this is to say what is limiting its performance.  When idle, that should be usage/utility, but maybe that isn't an option with your configuration for whatever reason.  When a GPU is maxed out, you'll typically see something about power or voltage, as in, the GPU can't do any more work because it can't draw any more juice.

Anyway, you can ignore all of this if your MUX switch is doing its job and therefore the graphics pipeline only includes the RTX 4050 and the screen.  I wouldn't worry about it without other signs of a problem.

That includes worrying about the "throttle power" part of this.  If you're only seeing it in relation to the iGPU, it's not a problem when you're not using the iGPU.  The laptop should reassign the available power (out of your 170W brick) as the various components call for more.  An RTX 4050 can be configured with a power budget between 35 and 115W, perhaps with a bit extra from a dynamic boost.  Other components use much less, e.g. RAM and SSD are probably a couple watts each.  I don't know what CPU you have, but it should max out at something in the range of 50W, maybe less, based on AMD models with a 760M.  In fact, it's possible that hwinfo is misattributing the CPU power draw to the iGPU and that you're simply seeing your CPU's overall power draw.  It wouldn't be the first time hwinfo's report was misleading.

In cases like this, performance is the overarching question.  If your performance is fine, aside from Sims 4 being its usual difficult self, and you don't see any signs of overheating, the rest can be treated as a curiosity, not a sign of an impending problem.

Sims 4 has a built-in fps limit of 200, which you can change in Options.ini.  It's listed as frameratelimit.  You can lower it if you like, to lower the power draw of the GPU and to a lesser extent the CPU, and it's fine to experiment with different settings.  But it's also find to let your hardware run at its maximum as long as internal temps are fine.

And remember that "throttle power" isn't necessarily a bad thing.  If your laptop is using all the power it can draw from the brick, and distributing it according to need (as it should), it's giving you what you probably want: maximum performance out of your hardware.  Lowering performance or fps to lower power draw isn't fixing anything except the notification in hwinfo.

For the GraphicsCards file, it looks right as long as you have the device ID right.