Images not importing correctly

[equus717]

Anyone know why my images are doing this when I import them into PS? Brand new Macbook Pro running Montery. The image goes back to normal once I click one it, but it's super wierd and annoying. 

[KShinabery212]

That is odd.  Is it a RAW file or JPG?

[equus717]

I import RAW files into Lightroom, cull, and export as PSD. So this is a
PSD. SO weird... and frustrating!

[J453]

Is this an M1 device? Did you use Migration Assistant to import your user account from an old computer this computer?

If you restore your preferences using this manual method does it work correctly?
https://helpx.adobe.com/photoshop/using/preferences.html#Manually
If that doesn't solve it, you can quit Photoshop and put the Settings folder back.