Premiere Pro crashes for 5 seconds then program monitor gives black screen

When working on a project, when either scrubbing the timeline at a quick pace or making edits at a fast pace on the timeline, the application freezes up for about 5 seconds then frees back up, but leaves a black program monitor. Everything functions normally except for the video playback engine, which constantly remains black. If I disable the GPU on the device manager and switch the renderer to software only, rather than CUDA, playback works normally. I have to restart Premiere for the CUDA GPU acceleration to work again but it keeps always crashing again and again. In after effects everything is working normally.

My GPU is a Nvidia Asus 1050ti