I have the same problem with MacBook Pro 2020 - M1, 16Gb of RAM.
I open Safari, click the address bar, start typing, everything blocks for a second, then address bar gets filled with 1-2 second delay.
Awful, I have everything latest, machine and the system - please don't make me stop using Safari after 15 years :(
Flick037
Users receive reputation points by contributing quality content to the forums.
Posts include post and replies published on the forums.
Post authors can mark replies as Accepted to indicate successful solutions.
Apple Developer Forums admins can mark replies as Apple Recommended to indicate an approved solution