Open as smart object layer layer in photoshop crashes PS and wont open images on M5 Macbook Pro

I am using M5 Pro Macbook Pro and it always crashes PS when i try to open my raw images - for HDR blending. It did work until the latest update, but since I updated PS and LrC, it just does not want to do it. Fix would be urgently needed for me, since I have tons of images that must be edited asap. Please fix this bug. I tried everything at this point, even sent reports on it too through the crash report.