My guess would be MAYBE, leaning toward NO. Since they both support directx 11 and opengl 4, you have a chance. That is just a guess and it will be difficult to find a direct comparison between the two.
The following table compares various graphics products using nvida, amd/ati, and intel chipsets:
Specific features of Intel HD graphics 4000 (intel 3rd generation processors):
Specific features of NVidia gtx 480 are:
This message was posted on behalf of Intel Corporation
In this case, I suggest checking the game minimum requirements and see what the minimum graphics that you will need.
As Al Hill mention it is hard to tell and the only way would be to try the game with those graphics.
At the following link you can see the games listed that play great on 3rd Generation Intel® Core™ Processors with Intel® HD Graphics 4000.