Slowing down

When adding text to an image I'm hitting molasses. (super slow down) Not sure if anybody else is getting this but it isn't crashing just grinding to a halt. 

Technical jargon (I don't understand by the way)

"Adobe Photoshop Version: 24.7.0 20230712.m.2239 0f0768a  x64

Number of Launches: 133

Operating System: Windows 11 64-bit

Version: 11 or greater 10.0.22621.1992

System architecture: Intel CPU Family:6, Model:7, Stepping:2 with MMX, SSE Integer, SSE FP, SSE2, SSE3, SSE4.1, SSE4.2, AVX, AVX2, AVX-VNNI, HybridCPU(8:4), HyperThreading

Physical processor count: 12

Logical processor count: 20

Processor speed: 3610 MHz

Built-in memory: 65396 MB

Free memory: 41941 MB

Memory available to Photoshop: 51293 MB

Memory used by Photoshop: 70 %

Crash Handler: Adobe"