In Photoshop Settings see if turning off (unticking) "Use Graphics Processor" found under the Performance tab (then closing and reopening the application) sorts out the issue
@Derek Cross turning off the GPU is a bit drastic considering the fall out of being unable to use other functions in PS.
Instead @Luan Antoniutti Go to Photoshop Preferences/Technology Preview and check “Disable Native Canvas”. Quit and relaunch PS. See if that works first.
@Luan Antoniutti Go to Photoshop Help Menu/System Info and copy/paste details in a reply. Post only once as the system takes time to process the large amount of data.