On 1.70.2, you can still:
Would you like a step-by-step guide to installing VS Code 1.70.2 on Windows 7 32-bit, including compatible extensions? vs code for windows 7 32 bit
Note: GitHub has officially sunsetted Atom. However, because it is open-source, the last stable release of Atom (1.60) still works on Windows 7 32-bit. It shares some architectural similarities with VS Code (it runs on Electron) but is generally slightly lighter on older hardware. Like VS Code, however, it is no longer secure to use. because it is open-source
Since the main download buttons on the official website point to the latest version, you need to head to the archive. Visit the VS Code August 2022 (v1.70) update page. Look for the Windows 32-bit download links. vs code for windows 7 32 bit