The fact that it works with IOMMU disabled kind of says otherwise. Plus the fact that the kernel is binding vfio to the device says it thinks the device is being passed thru.
What does "lspci -vmm" say?
root@proxmox2:~# lspci -vmm
Slot: 00:00.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Root Complex
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge Root Complex
ProgIf: 00
Slot: 00:00.2
Class: IOMMU
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge IOMMU
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge IOMMU
ProgIf: 00
Slot: 00:01.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Dummy Host Bridge
ProgIf: 00
IOMMUGroup: 0
Slot: 00:01.1
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge GPP Bridge
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge GPP Bridge
ProgIf: 00
IOMMUGroup: 1
Slot: 00:01.2
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge GPP Bridge
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge GPP Bridge
ProgIf: 00
IOMMUGroup: 2
Slot: 00:02.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Dummy Host Bridge
ProgIf: 00
IOMMUGroup: 3
Slot: 00:02.1
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge GPP Bridge
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge GPP Bridge
ProgIf: 00
IOMMUGroup: 4
Slot: 00:03.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Dummy Host Bridge
ProgIf: 00
IOMMUGroup: 5
Slot: 00:04.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Dummy Host Bridge
ProgIf: 00
IOMMUGroup: 6
Slot: 00:08.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Dummy Host Bridge
ProgIf: 00
IOMMUGroup: 7
Slot: 00:08.1
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Internal GPP Bridge to Bus [C:A]
SVendor: Unknown vendor 7e12
SDevice: Raphael/Granite Ridge Internal GPP Bridge to Bus [C:A]
ProgIf: 00
IOMMUGroup: 8
Slot: 00:08.3
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Internal GPP Bridge to Bus [C:A]
SVendor: Unknown vendor 7e12
SDevice: Raphael/Granite Ridge Internal GPP Bridge to Bus [C:A]
ProgIf: 00
IOMMUGroup: 9
Slot: 00:14.0
Class: SMBus
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: FCH SMBus Controller
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: FCH SMBus Controller
Rev: 71
ProgIf: 00
IOMMUGroup: 10
Slot: 00:14.3
Class: ISA bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: FCH LPC Bridge
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: FCH LPC Bridge
Rev: 51
ProgIf: 00
IOMMUGroup: 10
Slot: 00:18.0
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 0
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.1
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 1
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.2
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 2
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.3
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 3
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.4
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 4
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.5
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 5
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.6
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 6
ProgIf: 00
IOMMUGroup: 11
Slot: 00:18.7
Class: Host bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge Data Fabric; Function 7
ProgIf: 00
IOMMUGroup: 11
Slot: 01:00.0
Class: VGA compatible controller
Vendor: NVIDIA Corporation
Device: AD103 [GeForce RTX 4070 Ti SUPER]
SVendor: PNY
SDevice: AD103 [GeForce RTX 4070 Ti SUPER]
Rev: a1
ProgIf: 00
IOMMUGroup: 12
Slot: 01:00.1
Class: Audio device
Vendor: NVIDIA Corporation
Device: Device 22bb
SVendor: PNY
SDevice: Device 141f
Rev: a1
ProgIf: 00
IOMMUGroup: 12
Slot: 02:00.0
Class: Non-Volatile memory controller
Vendor: Micron/Crucial Technology
Device: T705 NVMe PCIe SSD
SVendor: Micron/Crucial Technology
SDevice: T705 NVMe PCIe SSD
ProgIf: 02
IOMMUGroup: 13
Slot: 03:00.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Upstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Upstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 14
Slot: 04:00.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 15
Slot: 04:04.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 16
Slot: 04:05.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 17
Slot: 04:06.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 18
Slot: 04:07.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 19
Slot: 04:08.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 04:0c.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 21
Slot: 04:0d.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 22
Slot: 05:00.0
Class: Non-Volatile memory controller
Vendor: Micron/Crucial Technology
Device: P3 Plus NVMe PCIe SSD (DRAM-less)
SVendor: Micron/Crucial Technology
SDevice: P3 Plus NVMe PCIe SSD (DRAM-less)
Rev: 01
ProgIf: 02
IOMMUGroup: 15
Slot: 06:00.0
Class: Ethernet controller
Vendor: Realtek Semiconductor Co., Ltd.
Device: RTL8125 2.5GbE Controller
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: RTL8125 2.5GbE Controller
Rev: 05
ProgIf: 00
IOMMUGroup: 16
Slot: 0a:00.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Upstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Upstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:00.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:04.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:05.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:06.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:07.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:08.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:0c.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0b:0d.0
Class: PCI bridge
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset PCIe Switch Downstream Port
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset PCIe Switch Downstream Port
Rev: 01
ProgIf: 00
IOMMUGroup: 20
Slot: 0c:00.0
Class: Non-Volatile memory controller
Vendor: Samsung Electronics Co Ltd
Device: NVMe SSD Controller PM9C1a (DRAM-less)
SVendor: Samsung Electronics Co Ltd
SDevice: NVMe SSD Controller PM9C1a (DRAM-less)
ProgIf: 02
IOMMUGroup: 20
Slot: 0d:00.0
Class: Network controller
Vendor: MEDIATEK Corp.
Device: MT7922 802.11ax PCI Express Wireless Network Adapter
SVendor: MEDIATEK Corp.
SDevice: MT7922 802.11ax PCI Express Wireless Network Adapter
ProgIf: 00
IOMMUGroup: 20
Slot: 12:00.0
Class: USB controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset USB 3.2 Controller
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset USB 3.2 Controller
Rev: 01
ProgIf: 30
IOMMUGroup: 20
Slot: 13:00.0
Class: SATA controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset SATA Controller
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset SATA Controller
Rev: 01
ProgIf: 01
IOMMUGroup: 20
Slot: 14:00.0
Class: USB controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset USB 3.2 Controller
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset USB 3.2 Controller
Rev: 01
ProgIf: 30
IOMMUGroup: 21
Slot: 15:00.0
Class: SATA controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: 600 Series Chipset SATA Controller
SVendor: ASMedia Technology Inc.
SDevice: 600 Series Chipset SATA Controller
Rev: 01
ProgIf: 01
IOMMUGroup: 22
Slot: 16:00.0
Class: VGA compatible controller
Vendor: Advanced Micro Devices, Inc. [AMD/ATI]
Device: Raphael
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael
Rev: c9
ProgIf: 00
IOMMUGroup: 23
Slot: 16:00.1
Class: Audio device
Vendor: Advanced Micro Devices, Inc. [AMD/ATI]
Device: Rembrandt Radeon High Definition Audio Controller
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Rembrandt Radeon High Definition Audio Controller
ProgIf: 00
IOMMUGroup: 24
Slot: 16:00.2
Class: Encryption controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: VanGogh PSP/CCP
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Family 19h PSP/CCP
ProgIf: 00
IOMMUGroup: 25
Slot: 16:00.3
Class: USB controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge USB 3.1 xHCI
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge USB 3.1 xHCI
ProgIf: 30
IOMMUGroup: 26
Slot: 16:00.4
Class: USB controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge USB 3.1 xHCI
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge USB 3.1 xHCI
ProgIf: 30
IOMMUGroup: 27
Slot: 16:00.6
Class: Audio device
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Family 17h/19h HD Audio Controller
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Family 17h/19h/1ah HD Audio Controller
ProgIf: 00
IOMMUGroup: 28
Slot: 17:00.0
Class: USB controller
Vendor: Advanced Micro Devices, Inc. [AMD]
Device: Raphael/Granite Ridge USB 2.0 xHCI
SVendor: Micro-Star International Co., Ltd. [MSI]
SDevice: Raphael/Granite Ridge USB 2.0 xHCI
ProgIf: 30
IOMMUGroup: 29