Which version of Photoshop and Windows are you using? Does this happen with just this image or all images?
Please do the following troubleshooting Go to Preferences > Performance and uncheck Use GraphicsProcessor, and restart Photoshop. If that helps, you can update the GPU driver, reboot your computer, re-enable Use GraphicsProcessor in the Performance Preferences, and restart Photoshop. Check this article: https://helpx.adobe.com/photoshop/kb/troubleshoot-gpu-graphics-card.html