Question Should I upgrade CPU or GPU?

powerhour

Honorable
Dec 1, 2013
17
0
10,510
What is an overall better upgrade?

i9-9900k or an RTX 2070
Money is not an issue, so if I have to buy a new mobo, I do not care. I also would like to choose between these 2 options only. Thank you.

I intend to stream on twitch, and I hear the new NVENC chips in the RTX 2000 series is comparable to the x264/"Very Fast" preset quality, but I assume if I just get a cpu with more cores then it wouldn't matter because I'd be able to stream with x264 at "fast" or "medium" presets which I hear yields better quality than the new NVENC chip. Does NVENC help with FPS loss? I am gaming at 1920x1080, and would like to stream at 720x60fps I'd like some advice on what would be a smarter buy.

Current Specs:
i7 6700k
GTX 1070