Well I want to emphasize you shouldn’t bust out your credit card and start buying stuff right this second. Min specs aren’t released and like I said hopefully there’ll be a demo.
But yes it’s undeniable your hardware is really old and low end. (GPU and graphics card mean the same thing)
The problem is you’ll need new everything if you want to upgrade to something current. Your motherboard won’t support a modern cpu or gpu. Your current ram won’t work in a modern motherboard. A new cpu and gpu will likely need a better power supply than you have. See what I’m saying?
In your rig, it’s likely the only transferable thing is the hard drive. And even then there are some awesome modern high capacity fast ones with different form factors like NVME.