AMD Graphic Card Support

When version 2021 came out, my GPU was not listed.  At Adobe's invitation, I submited a request to be included in their GPU beta test group.  It took several weeks, but the appropriate files were sent to me and my GPU started working withing Premiere Elements.   I suggest you do the same.   

Go here:  https://helpx.adobe.com/premiere-elements/using/gpu-acceleration.html#recommended_cards

The go down the page for the link to "Premiere Elements Beta Tester Program".   Click on the blue lettered link, "this form" to go here:  https://forms.office.com/Pages/ResponsePage.aspx?id=Wht7-jR7h0OUrtLBeN7O4TFN06mqbatNniBs-SMfmWlUQUxMSTNNVUdUSTNOQU5WMjQ3U1k0N0o5Sy4u

Good luck!  But don't expect a lot of performance improvement.   In my case, my computer is strong enough that the CPU does fine while editing, including using effects and transitions.   Output rendering, for one of my typical 4K projects of around 10 minutes, seems to improve a little but not enough to change my experience in any significant way.  

This is a public forum, not Adobe support... nobody here knows Adobe's future plans