After Effects Creating A LOT of glitch frames.

I recently built a new pc and it's quiet powerful compared to what I used before. But now, I've been noticing a serious issue with After Effects 2023. While previewing any video, many glitched frames are being generated which go away when I clear the cache. The glitches are like, some random frames of the video become dark blueish, as if I had applied hue/saturation on them, where as 1 or 2 frames get inverted (up side down).

The moment I purge memory and disk cache, the glitched frames are gone, but after 1-2 minutes of scrubbing through the timeline, more glitches come back to different places in the video. I am not able to understand if this is an issue with my RAM (because it being ddr5 has high frequency but it also has a high cache latency) or SSD? Or maybe it is just an After Effects version issue. I am currently using After Effects Version 23.2.1 (Build 3). Someone please help me fix this problem.

These are the specs of my new PC:

Processor
Intel Core I9-13900KF Desktop Processor

Motherboard
Asus Prime Z790-A WIFI CSM (DDR5)

RAM
Gskill RipJaws 64GB (32GBx2) (DDR5) 5200MHz

Graphics Card
Inno3D RTX 4070 Ti 12GB

SSD
Adata XPG Gammix S70 Blade 1TB M.2 NVMe Gen4

Hard Drive
None ( I am planning to buy a new 500gb SSD soon which I'll use solely for cache)

Operating System
Windows 10 Pro Non Activated (I'll activate soon, but I don't think this could cause the issue anyways lol)