Hi there,
Sorry that Photoshop 22.3 is freezing on your Mac running on the M1 processor.
Would you mind sharing the version of macOS you're working with? Also, when exactly is the app freezing and does it freezes while performing any specific action?
Please review the list of known issues with Photoshop 22.3 with Apple Silicon here: https://helpx.adobe.com/photoshop/kb/photoshop-for-apple-silicon.html
To get started with troubleshooting, please checkout the steps mentioned in this article https://helpx.adobe.com/photoshop/kb/basic-troubleshooting.html#graphics
Let us know if that helps.
Thanks,
Akash