It's also with DLSS on, so you could just as easily have the framerate be 100 FPS, 1000 FPS, or 10000 FPS. The GPU doesn't actually have to render the frame in that case, it just has to have a pixel buffer ready to offload to whatever hardware sends it over the link to the display. Apparently some people actually really like this, but it isn't rendering by any reasonable definition.
https://www.nvidia.com/en-us/geforce/news/rtx-5050-desktop-g...
It's about the RTX 5070 but the criticisms still hold for the RTX 5050 since Nvidia is still doing the same shenanigans.
That's AI frame hallucination which the 5050 has.
Without the DLSS, the numbers from independent reviewers has basically been exactly on par with the previous generations (about 10% increase in performance).