Huh, that's really all there is? It would surprise me if that is even the full lite version, it doesn't look it does much of anything. I think it's probably a good idea to uninstall it with Asus' uninstaller (Armoury Crate FAQ) and then do a clean reinstall. You'll have to figure out if you can install the full or lite version for your system.
I'd send you over to r/Asus on Reddit, people there have also encoutered this same missing Nvidia card issue, but they hate Armoury Crate and will tell you to uninstall and then reinstall a third pary program G-Helper which will still allow you to do the power mode switching to get your system to recognize your dGPU. But maybe G-Helper will work better for your computer. I think people there have suggested other ways of fixing this issue, so it might be worth checking it out. If you can't find help in r/Asus there might be a sub-Reddit for your particular computer.
The missing graphics card happened to me the first week I had my Asus Zephyrus M16 2023. I was convinced my dGPU had failed, but I kept searching on Google for answer's and finally stumbed on this thread and Roberto's solution. I still can't believe it fixed it. I know now it happened because I tried to play a game which required my dGPU when the laptop wasn't plugged in *and* my power mode was set to Optimized. I just use Standard now and don't have any issues.