Adobe Premiere Slow Responses and Constant Crashes on DELL XPS 15 9560

After experiencing issues with the fans of my Dell XPS 15 (9560), I decided to restore the device to its factory configuration and since then I only installed mandatory updates. (EDIT: I since installed all of the available updates for my Dell and Adobe alike)

Unfortunately since I picked up Adobe Premiere again I have been experiencing major lags and constant no-response crashes, despite having the latest version of Premiere available. Interestingly the app stops responding when I enter the title text editor. Is anyone experiencing the same problem on the same laptop or a different one, I am afraid it could be a problem of the machine, but what exactly?

Obviously I already tried to reinstall, but it resulted in the same kind of glitched.

I rest my desperate hopes in you.